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Old 08-23-2011, 06:32 PM  
TheSquealer
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Join Date: Oct 2004
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Quote:
Originally Posted by mayabong View Post
Not sure I follow your posts really, I don't think its a crazy dream, and I'm pretty sure someone will do something like this eventually. Its far less work to pay for something with bitcoins than with credit cards. Just copy and paste an address and your done.
It might be easy to ask people to pay with turtle shells. It might be convenient to pay in turtle shells (for everyone but the turtles). But if no one has turtle shells to pay with, its a moot point.

If their value is all over the place and can drop to zero at any given second, its a moot point.

You can't charge X.XX/min if you have no idea what the value of that is

You can't ask models to work for 30% of some yet to be determined value

You can't ask webmasters to send traffic to something thats not going to convert and when its clear you might easily not get paid should something go wrong with bitcoins

If you can't pay webmasters in 2 weeks because you don't know how much your cash on hand will be worth, its a moot point.

If you can't pay models in 2 weeks because you don't know either what the cash you have on hand is going to be worth or how its going to fluctuate against their currency, its a moot point.

Currencies moving against each other can wipe out a substantial amount of value in minutes.

You have to pay russians, czechs, columbians etc and bitcoins have to be stable against their currencies. Or you have to pay everyone in $ or Euro or some stable currency and deal with the continual problem of bitcoins rising/falling value against the dollar or Euro. They themselves aren't that stable right now.
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Last edited by TheSquealer; 08-23-2011 at 06:33 PM..
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