Eh...I don't know a whole lot about BTC, but you're going to have charge (Hypothetically) like, 0.2 BTC for monthly premium, or something small like that, since BTC is currently worth $119.36 USD, and they seem to fluctuate a lot as well, so it would be tricky to set pricing and all that shit I would imagine.
Keep in mind, I'm not very researched on BTC, so if I'm wrong, just correct me.
I am well aware of Bitcoin, but I do not have faith in the currency.
If you want an in-depth look at Bitcoin through an extremely interesting podcast, I suggest the Sixgun (podcast) episode on it.
I think there is no harm in accepting them whatsoever and it may just draw some interest to the game. Personally though I don't think it will go anywhere and will lead most investors into a cruel Ponzi scheme-like thing.
I think there is no harm in accepting them whatsoever and it may just draw some interest to the game. Personally though I don't think it will go anywhere and will lead most investors into a cruel Ponzi scheme-like thing.
I think that merchants that accept bitcoin payments immediately convert bitcoin to normal currency. Most buyers would not be keeping a sizable amount of bitcoin either (unless they want to speculate). So basically, you buy some bitcoin and immediately use these to make your purchase.
There are 2 advantages to doing this:
1) Fees: Unlike credit cards or banks, bitcoin does not charge high fees (I think most credit cards charge the merchant at least 2-3%). I think Bitcoin fees are around 0.01$/transaction (or lower).
2) Anonymity: All bitcoin transactions are anonymous. This meaning you don't know where the money is coming from. It's considered a "libertarian" currency. On the other hand, it also facilitates things like black market transactions.
Lol if people paided for subscription in bitcoin, Amok/Ivan would be pretty rich XD. Or, if they automatically turned all subcription revenue in bitcoin back then and held
If we added support for Bitcoin payments, would you use it?
What is Bitcoin?
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LOL
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