4 ms·

you are kind of asking for it... :) Bitcoin

gcb0 8y ago
you still need a 3rd party to realistically convert USD into BTC. at this point, might as well trade in casino chips. (see gnu taller for a less cassino-like alternative to payments)
- arisAlexis 8y ago
  this third party is not linked to where you want to send them. anybody can get BTC from fiat conversion and send it wherever they want without censorship. That's what we are talking about right?
  - gcb0 8y ago
    yes, not linked to the destination of the funds, but still very much required.
- ddtaylor 8y ago
  > you still need a 3rd party to realistically convert USD into BTC. Can't the same be said of credit cards?
- stale2002 8y ago
  The 3rd parties that convert your USD to BTC aren't censoring people, whereas PayPal is. So that is a significant difference. Apparently PayPal is censoring way more people than the average crypto exchange.
endless1234 8y ago
...how do you get bitcoin without some kind of a third party?
- adrianhel 8y ago
  How do you get money without some kind of third party? What's positive is that there is no monopoly with regards to who can be that third party.
- hikergirl1234 8y ago
  Sell a good/service and receive payment in Bitcoin
  - root_axis 8y ago
    That's not really a practical way to acquire bitcoin since there is very little economic activity in the cryptocurrency world besides trading various cryptocurrencies. I know this first-hand since the e-commerce startup I work for brings in roughly 300k USD in sales monthly, with bitcoin sales never having exceeded $80.00 USD worth of value and often none at all.
    - mascot6699 8y ago
      May I ask where you work? And also, why bitcoin? It's a slow cryptocurrency right?! Do you make users to wait for confirmation(about 30-40 mins)? You could experiment with fast Altcoins and convert to Bitcoin eventually.
      - root_axis 8y ago
        I'd prefer not to attract any attention from my postings to my employer, but it's a small shop, nothing noteworthy. > why bitcoin? It's a slow cryptocurrency right?! Do you make users to wait for confirmation(about 30-40 mins)? Those decisions are outside of my responsibilities, but we use bitpay to accept bitcoin payments so it all works in real time. I suppose bitcoin was selected because it's the most popular coin so it is most likely to service customer needs, but I believe bitpay allows you to accept a few cryptocurrency options. > You could experiment with fast Altcoins and convert to Bitcoin eventually. IMO, there's no reason to bother doing so since experience has demonstrated that nobody really uses cryptocurrency to buy typical retail goods.
        LowLevelHacker 8y ago
        Bitpay uses Bitcoin Cash
- zermitthefrog 8y ago
  https://bisq.network/ https://bisq.network/
iforgotpassword 8y ago
That excludes the regular person part.

gcb0 8y ago

you still need a 3rd party to realistically convert USD into BTC. at this point, might as well trade in casino chips. (see gnu taller for a less cassino-like alternative to payments)

arisAlexis 8y ago
this third party is not linked to where you want to send them. anybody can get BTC from fiat conversion and send it wherever they want without censorship. That's what we are talking about right?
- gcb0 8y ago
  yes, not linked to the destination of the funds, but still very much required.
ddtaylor 8y ago
> you still need a 3rd party to realistically convert USD into BTC. Can't the same be said of credit cards?
stale2002 8y ago
The 3rd parties that convert your USD to BTC aren't censoring people, whereas PayPal is. So that is a significant difference. Apparently PayPal is censoring way more people than the average crypto exchange.

endless1234 8y ago

...how do you get bitcoin without some kind of a third party?

adrianhel 8y ago
How do you get money without some kind of third party? What's positive is that there is no monopoly with regards to who can be that third party.
hikergirl1234 8y ago
Sell a good/service and receive payment in Bitcoin
- root_axis 8y ago
  That's not really a practical way to acquire bitcoin since there is very little economic activity in the cryptocurrency world besides trading various cryptocurrencies. I know this first-hand since the e-commerce startup I work for brings in roughly 300k USD in sales monthly, with bitcoin sales never having exceeded $80.00 USD worth of value and often none at all.
  - mascot6699 8y ago
    May I ask where you work? And also, why bitcoin? It's a slow cryptocurrency right?! Do you make users to wait for confirmation(about 30-40 mins)? You could experiment with fast Altcoins and convert to Bitcoin eventually.
    - root_axis 8y ago
      I'd prefer not to attract any attention from my postings to my employer, but it's a small shop, nothing noteworthy. > why bitcoin? It's a slow cryptocurrency right?! Do you make users to wait for confirmation(about 30-40 mins)? Those decisions are outside of my responsibilities, but we use bitpay to accept bitcoin payments so it all works in real time. I suppose bitcoin was selected because it's the most popular coin so it is most likely to service customer needs, but I believe bitpay allows you to accept a few cryptocurrency options. > You could experiment with fast Altcoins and convert to Bitcoin eventually. IMO, there's no reason to bother doing so since experience has demonstrated that nobody really uses cryptocurrency to buy typical retail goods.
      - LowLevelHacker 8y ago
        Bitpay uses Bitcoin Cash
zermitthefrog 8y ago
https://bisq.network/ https://bisq.network/

iforgotpassword 8y ago

That excludes the regular person part.