6 ms·

Bitcoin is an option.

by 8plot 15y ago

DiabloD3 15y ago
Since HN removed public comment scoring, my up vote is not publicly indicative of the quality of this comment. Thus, I would also like to echo this sentiment that Bitcoin is worth pursuing.
- 8plot 15y ago
  Unfortunately the down-voters of my comment disagree. Until they present their argument against bitcoin, I assume they are only being ignorant.
  - DiabloD3 15y ago
    Well, its worth mentioning that Bitcoin cannot do charge backs, cannot freeze your account, and doesn't charge astronomical fees. I'm not sure why anyone would downvote Bitcoin.
    - nknight 15y ago
      Because it's not a useful option for normal people, and carries its own set of legal ambiguities that vary from place to place. All these "use bitcoin" responses are as useful as "let them eat cake".
      - DiabloD3 15y ago
        Not at all, bitcoin wants the users to also have the cake while eating it.
  - saurik 15y ago
    I did /not/ downvote you (and still haven't), but honestly you may as well be suggesting he look into accepting contributions of ferrel camels on his website: 99.99% of people in the position to give you money at all are going to have bank accounts and cards, and are likely to have no clue how to even obtain bitcoin, much less actually own any; it simply isn't a realistic "option".
    - 8plot 15y ago
      You make a fair enough point, the market size of bitcoin users is still very small. However, the technology it provides is real, and IMO, a valid solution to this problem. (even if it's not the only solution; it's not uncommon to accept multiple payment methods.) Those that want to donate with bitcoin can easily google how to buy it, and will discover it's easier than ever to acquire. (in some cases, using paypal!)
jerguismi 15y ago
Bitcoin people are pretty eager to donate, because they want to support the currency. I developed a very small web site (https://cryptedmemo.com/ https://cryptedmemo.com/), and have already received almost 2BTC donations. The site isn't even used that much.
- haakon 15y ago
  Almost 6 USD worth of donations, whoa. :-)
paulhauggis 15y ago
I would never use Bitcoin. Mostly because the currency has a tendency to be so volatile. I've seen it worth $30 one day and $3 the next.
- ryandickherber 15y ago
  Bitcoin may be volatile, but it has never dropped in value by 10x in a single day.
- haakon 15y ago
  > I've seen it worth $30 one day and $3 the next. No. The downslide took considerably longer than that.
  - paulhauggis 15y ago
    even so, you're adding risk on top of the risk of running a business.

Bitcoin is an option.

by 8plot 15y ago

Bitcoin is an option.

Since HN removed public comment scoring, my up vote is not publicly indicative of the quality of this comment. Thus, I would also like to echo this sentiment that Bitcoin is worth pursuing.

8plot 15y ago
Unfortunately the down-voters of my comment disagree. Until they present their argument against bitcoin, I assume they are only being ignorant.
- DiabloD3 15y ago
  Well, its worth mentioning that Bitcoin cannot do charge backs, cannot freeze your account, and doesn't charge astronomical fees. I'm not sure why anyone would downvote Bitcoin.
  - nknight 15y ago
    Because it's not a useful option for normal people, and carries its own set of legal ambiguities that vary from place to place. All these "use bitcoin" responses are as useful as "let them eat cake".
    - DiabloD3 15y ago
      Not at all, bitcoin wants the users to also have the cake while eating it.
- saurik 15y ago
  I did /not/ downvote you (and still haven't), but honestly you may as well be suggesting he look into accepting contributions of ferrel camels on his website: 99.99% of people in the position to give you money at all are going to have bank accounts and cards, and are likely to have no clue how to even obtain bitcoin, much less actually own any; it simply isn't a realistic "option".
  - 8plot 15y ago
    You make a fair enough point, the market size of bitcoin users is still very small. However, the technology it provides is real, and IMO, a valid solution to this problem. (even if it's not the only solution; it's not uncommon to accept multiple payment methods.) Those that want to donate with bitcoin can easily google how to buy it, and will discover it's easier than ever to acquire. (in some cases, using paypal!)

jerguismi 15y ago

Bitcoin people are pretty eager to donate, because they want to support the currency. I developed a very small web site (https://cryptedmemo.com/ https://cryptedmemo.com/), and have already received almost 2BTC donations. The site isn't even used that much.

haakon 15y ago
Almost 6 USD worth of donations, whoa. :-)

paulhauggis 15y ago

I would never use Bitcoin. Mostly because the currency has a tendency to be so volatile. I've seen it worth $30 one day and $3 the next.

ryandickherber 15y ago
Bitcoin may be volatile, but it has never dropped in value by 10x in a single day.
haakon 15y ago
> I've seen it worth $30 one day and $3 the next. No. The downslide took considerably longer than that.
- paulhauggis 15y ago
  even so, you're adding risk on top of the risk of running a business.