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Old 05-04-2011, 01:35 PM  
Tempest
Too lazy to set a custom title
 
Industry Role:
Join Date: May 2004
Location: West Coast, Canada.
Posts: 10,217
Quote:
Originally Posted by NewbieNudes View Post
A Bitcoin is a new online currency.
  • It's peer-to-peer and the system is open source.
  • Bitcoin transactions can not be charged back.
  • There is no organisation in control of bitcoins that can restrict their use by the adult industry.
  • They can be pulled out of the online space for cash at one of many markets that have been set up.
  • The bitcoin is not affected by inflation or devaluation of currencies like the USD

This is the perfect solution to the payment issues we as an industry face and have faced for years.

No over regulation, No chargebacks, No merchant fees. It's a major boon for online commerce

The Bitcoin economy is growing steadily but we need to embrace it to get it into everyone's awareness.

http://bitcoin.org
http://weusecoins.com
Really??? So who has the millions of dollars that would be required every month for all the programs etc. to get actual cash? How reputable are they? Are they backed by banks? I mean really.. A fantasy currency is all nice and all but there has to be real money backing it up.
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