Quote:
Originally Posted by **********
Hi Dirty F,
I disagree. Bitcoin might be ok for small webmasters who have little to lose, but it is a huge risk for larger site owners. The value of bit coin changes so fast that a site owner could suddenly find themselves unable to meet payroll or pay its bills. Models, webmasters, hosting companies can't pay their bills with bitcoins.
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Customer pays with Bitcoin, processor instantly moves it to USD, processor pays out program owner in USD, program owner pays his bills in USD.
Not really rocket science.
Edit: Not any time soon will a site owner get most of his sign ups in Bitcoin. And by the time that happens it will be wide spread and way more stable. Adoptation will solve these problems by itself.
A smart program owner right now adds Bitcoin as a payment option and offers a small discount for people signing up with Bitcoin. As you hardly have any processing fees you'll still make more per sale than if that person was paying with cc.
This will motivate more and more people to start using Bitcoin and with every Bitcoin sale you make you put a few dollars extra in your pocket.