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Yes, but also the crypto option has been tried and absolutely doesn’t work.
by krainboltgreene 1y ago
Yes, but also the crypto option has been tried and absolutely doesn’t work.
- littlecranky67 1y agoCan you elaborate? If crypto is the only viable option to pay for something, I would agree due to the low amount of people familar in dealing with crypto. If it is an additional option, what part of it is not working?
- krainboltgreene 1y agohttps://steamcommunity.com/games/593110/announcements/detail/1464096684955433613 https://steamcommunity.com/games/593110/announcements/detail...
- littlecranky67 1y agoWell that was before Lightning was invented - that elimnates the high fees.
- alexvitkov 1y agoIt really hasn't. Everything has been tried with crypto, except actually buying things with it.
- Ruthalas 1y agoTo be fair, in the case of Steam they legitimately did try. They supported bitcoin purchases for nearly two years before they stopped, citing volatility and processing fees: https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613 https://steamcommunity.com/games/593110/announcements/detail...
- alexvitkov 1y agoI wouldn't call using Bitcoin legitimately trying. Even in 2017 Monero existed, which solves both the fee and transaction time problems, and as an added bonus is way more private.
- krainboltgreene 1y agoThis is literally wrong. It's even googleable.
- rcxdude 1y agoIt was tried, way back when it started, and it didn't work very well. Maybe a modern blockchain can work better, but the transaction volumes of credit cards are orders of magnitudes above the busiest blockchain today.
- jksflkjl3jk3 1y agoWhy not? I regularly buy products and services online with crypto and it works quite well, usually a better experience than with a credit card. There are plenty of chains that can confirm transactions in a couple seconds, and if you're concerned with volatility, just use USDC/USDT. There are crypto payment processors that handle all of this and allow payment across a range of chains and handle the volatility so that the merchant doesn't need to worry about anything crypto and just receives fiat.
- krainboltgreene 1y agoI think I trust Stripe and Steam, probably two of the biggest money movers online by volume, to know when something doesn't work over just you.
- pixxel 1y ago[dead]