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Perhaps use Bitcoins?

Perhaps use Bitcoins?

Posted Jan 12, 2012 10:29 UTC (Thu) by fb (subscriber, #53265)
In reply to: Perhaps use Bitcoins? by job
Parent article: The ColorHug adds a remote disable "feature"

> May I suggest the option of using Bitcoins to pay?

Great idea! Start a business but make sure to make it cumbersome for almost any prospective customer to buy from you!

I just placed a pre-order on ColorHug, and I can assure you that I would never have ordered it, had it demanded me to set up yet-another-payment-system.

> It's free software, fast enough for mail order, and very low fees. There is also no one to turn to for getting your money back but the seller or the police, which may be a feature or a misfeature depending on which your side of the transaction is.

What advantage does that offer against credit-cards? The "free software" or the part where I don't have insurance on what I buy?


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Perhaps use Bitcoins?

Posted Jan 12, 2012 18:35 UTC (Thu) by bronson (subscriber, #4806) [Link]

Also, attach your business success to the most volatile currency this side of the Zimbabwean Dollar?

Perhaps use Bitcoins?

Posted Jan 13, 2012 14:26 UTC (Fri) by job (guest, #670) [Link]

That's "option", not "requirement".

I can likewise assure you that given the option I find it an easy way to pay.

The volatility is a larger problem but you don't hold on to it long if you tend a mail order business. In the UK there are companies that help you with that part and you just get the money in bulk.

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