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A comment on Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote. Parent comment

Re:Wikipedia RFC to stop accepting cryptocurrencies passes b... by throwaway290 on Wednesday April 13, 2022 @06:11AM (#31012925)
My theory it's a payment processor that converts to %LOCAL_CURRENCY% (if necessary, with an additional conversion through USD/EUR) at the time of purchase and thus would never refund anything in croins at original rate (am open to be proven wrong).
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Re:Wikipedia RFC to stop accepting cryptocurrencies passes b... by namdnay on Wednesday April 13, 2022 @06:14AM (#31012939)
hmmm yes in which case calling it "paying in crypto" is a massive stretch. I can also "buy a flight ticket with a used car" if there's a dealership next to the travel agency
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Re:Wikipedia RFC to stop accepting cryptocurrencies passes b... by px43 on Wednesday April 13, 2022 @07:07AM (#31013260)
It's no different than buying things with a credit card and having the payment processor convert your currency to the local currency etc.
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Re:Wikipedia RFC to stop accepting cryptocurrencies passes b... by namdnay on Wednesday April 13, 2022 @08:49AM (#31013993)
I think if the payment processor does that, they will also reimburse you in your currency, not the local one
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Re:Wikipedia RFC to stop accepting cryptocurrencies passes b... by throwaway290 on Wednesday April 13, 2022 @07:18AM (#31013342)
Can't you just switch currency on your bank card, avoiding conversion?
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Re:Wikipedia RFC to stop accepting cryptocurrencies passes b... by lxgr on Wednesday April 13, 2022 @07:59AM (#31013604)
Some banks allow that, but very likely the card networks‘ conversion rates are going to be much closer to mid-market.
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