4 ms·

No crypto currencies yet...

• eterm 13y ago
  They've got 99 currencies but the btc ain't one. Edit: Sorry, this isn't reddit. So: Yes, it shows that serious people doing serious business still aren't really that interested in Bitcoin.
• deleted 13y ago
  [deleted]
• saalweachter 13y ago
  To a certain extent, doesn't this weaken the case for Bitcoin? One of Bitcoin's big selling points is "seamless international commerce". If a company (ie, Stripe) makes it painless to let customers pay in whatever currency they have, doesn't that advantage for Bitcoin go away?
  • gizzlon 13y ago
    You can't actually use stripe in all corresponding countries though: https://stripe.com/global https://stripe.com/global
  • oleganza 13y ago
    Bitcoin has different selling points, one of them is independence of Stripe, PayPal and other intermediaries that are either too costly for some, or disallow certain transactions, or cause chargebacks, or not allowed in your country. Another selling point is that BTC you can own while USD/EUR/RUR/CNY you cannot. Fiat currencies are always under control of the banking system and ultimately at the mercy of the central banks. "Bail outs", "bail ins", "QE", "haircuts", "freezing accounts" etc. are all effects of not being able to hold your own money. You can hold physical gold, but it's not portable or easily divisible. Bitcoin allows holding any amount of wealth, be it $1 or $1000000 even inside your brain. It's much easier to meddle with your savings in USD/EUR than in Bitcoin.
    • cabalamat 13y ago
      > You can hold physical gold, but it's not portable Depends how rich you are. UK median annual income works out about 1 kg of gold, which is perfectly portable. (Of course, the authorities might regard you with suspicion for carrying that much gold, but that's another issue.)
      • dllthomas 13y ago
        If everyone tried to convert their savings into gold, gold would be quite a bit more expensive (and thus lighter).
  • frodopwns 13y ago
    I was thinking the opposite. Doesn't Bitcoin weaken the case for stripe?
    • dllthomas 13y ago
      Why not both?
      • frodopwns 13y ago
        Can't think of a reason. Competition is good.
        • dllthomas 13y ago
          I sense ambiguity. For clarity: I meant "why can't it be both that bitcoin reduces the need for Stripe and that Stripe reduces the need for bitcoin", not "why can't we have both services?". You may well have understood - your answer could be appropriate either way. Competition reducing the need for a particular offering is a big portion of the reason competition is good.
          • frodopwns 13y ago
            I agree that it goes both ways. The ideal behind Bitcoin that I find appealing is its decentralized nature. Stripe lacks this feature so I deny its future viability.
  • joelthelion 13y ago
    If by painless, you mean "2% conversion fees", then yes.