Re:Twitter enables tipping with Bitcoin, plans to let users ...
by orf on Thursday September 23, 2021 @02:20PM
(#28633007)
Imagine a world where not everyone used the dollar. Then imagine having to support different currencies and ensuring that your price per article stayed in line with currency fluctuations.
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Re:Twitter enables tipping with Bitcoin, plans to let users ...
by Ekaros on Thursday September 23, 2021 @02:26PM
(#28633111)
Translate the payments to some abstract credits with consistent rate across currencies. Then just forex the money received to euros or dollars or what ever your local currency is.
Actually, there is already a massive platform that does this sort of thing with what really are microtransactions too and even in local currencies, namely Steam.
Re:Twitter enables tipping with Bitcoin, plans to let users ...
by orf on Thursday September 23, 2021 @03:02PM
(#28633656)
Yep, and I bet that’s non trivial and takes a lot of resources to maintain. Selling games is also their core business.
Seems like a cryptocurrency fits nicely into “abstract credits with a consistent rate across currencies”.
Re:Twitter enables tipping with Bitcoin, plans to let users ...
by mdoms on Thursday September 23, 2021 @03:16PM
(#28633862)
Why would you have to support different currencies?
Re:Twitter enables tipping with Bitcoin, plans to let users ...
by imtringued on Thursday September 23, 2021 @03:57PM
(#28634451)
Youtube has an international audience.