Re:Steam is no longer supporting Bitcoin
by sliverstorm on Wednesday December 06, 2017 @03:29PM
(#15864676)
I avoid using PayPal internationally because they make it hard for me to pay in foreign currency denominations (they "helpfully" insist on being my exchange) but I have used it, it was no "worse" really than paying domestically. What makes them bad for you for international?
I argue it's not convenient for IRC tipping simply because 1) software is not well-integrated for minimal clicks 2) the other person might not have PayPal.
Don't get me wrong, I don't love PayPal, but I don't think Bitcoin brings anything really fundamentally important & new to the table, except maybe the decentralized part. Though, I suppose you could argue the decentralized nature of email was key for its universal adoption today.
Re:Steam is no longer supporting Bitcoin
by xorcist on Wednesday December 06, 2017 @06:18PM
(#15866082)
That "helpful" exchange also charges a 3% fee on all currency exchange, on top of their regular fees.
You can insist that they charge you in the same currency as you wish to pay with and your bank will do the exchange at an order of magnitude lower fee. Not everyone knows this. The user interface also doesn't make it very clear (which perhaps surprised no one).
Re:Steam is no longer supporting Bitcoin
by josefchung on Wednesday December 06, 2017 @06:36PM
(#15866167)
It would be the "not my money" part that is fundamentally different with Paypal. Paypal can choose to withhold this money at any time for any reason, and they have done so in the past. A lot of the money isn't even FDIC insured in the event of bankruptcy etc.
Re:Steam is no longer supporting Bitcoin
by iopq on Wednesday December 06, 2017 @09:56PM
(#15867252)
It straight up didn't work with my Vietnamese friend
Having family and friends in different countries who use different currencies, let me tell you, Paypal is not the solution I want.