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> What is really happening is that nobody is using it for payments at all [Citation needed] Over the past years I've been able to book flights, shop hardware,
by AlexAltea 4y ago
> What is really happening is that nobody is using it for payments at all
[Citation needed]
Over the past years I've been able to book flights, shop hardware, get hotels and rental cars, renew my domain, pay for my server with cryptocurrencies.
- missingdays 4y agoSo, you are 0.08%
- logicchains 4y agoThe rights of minorities don't matter?
- raziel2p 4y agopaying in a currency/asset of your choice is no one's right. I have a bunch of foreign currency in cash lying around which I cannot use where I live without exchanging it, I guess that makes me a minority as well - should I make a fuss about my european country of residence not accepting a central american currency?
- cuteboy19 4y agoPaying with x thing was never a right to begin with
- ea550ff70a 4y agoNo problem. Don't cry later with annoying banners crying for donations in order to keep the site's operations running.
- namdnay 4y agobook flights with crypto? which airline or travel agency accepts crypto? I don't see how it could work with so much volatility. You could buy fully modifiable/refundable first class tickets and use them as free options to bet on the crypto in question
- throwaway290 4y agoMy theory it's a payment processor that converts to %LOCAL_CURRENCY% (if necessary, with an additional conversion through USD/EUR) at the time of purchase and thus would never refund anything in croins at original rate (am open to be proven wrong).
- namdnay 4y agohmmm yes in which case calling it "paying in crypto" is a massive stretch. I can also "buy a flight ticket with a used car" if there's a dealership next to the travel agency
- px43 4y agoIt's no different than buying things with a credit card and having the payment processor convert your currency to the local currency etc.
- throwaway290 4y agoCan't you just switch currency on your bank card, avoiding conversion?
- lxgr 4y agoSome banks allow that, but very likely the card networks‘ conversion rates are going to be much closer to mid-market.
- namdnay 4y agoI think if the payment processor does that, they will also reimburse you in your currency, not the local one
- px43 4y agoExpedia has accepted Bitcoin for almost a decade: https://www.expedia.com/Checkout/BitcoinTermsAndConditions https://www.expedia.com/Checkout/BitcoinTermsAndConditions