Re:More Paypal nonsense
by 8plot on Tuesday December 06, 2011 @01:20AM
(#3318243)
Have you considered using bitcoin? If you have considered, but dismissed it, would you mind answering why bitcoin wouldn't work for your business?
[ Parent
| on HN ]
I think it's safe to say that for most businesses, while PayPal may only get you access to 80% of potential customers, Bitcoin gets you less than 1%.
Until Bitcoin is an established process, offering it means that you have to evangelize it. That means you are suddenly in the position of trying to sell both a service and a currency to a customer. That's more risk than most merchants want to take.
I did consider using it, I have a business with a fairly technical audience, but for now, I have to wait until the legal issues (whether only perceived or actually true) are worked out.