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Old 08-23-2011, 06:21 PM  
TheSquealer
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Join Date: Oct 2004
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Quote:
Originally Posted by holograph View Post
why not offer it as an alternative to your existing payment method even if its very small tiny niche alternative for instance? it doesn't require million dollar investment for integration either. with a service like bit-pay.com offers it's possible to convert 'instantly' to USD so you won't even have a need to explain to models what is bitcoin and why you want to pay them with it.
The only sensible way to do it would be to test it in this manner. Otherwise, its like saying "lets start a cam site that only offers Amex" or something only to find you can't convert traffic and have absolutely no idea what the size of the potential market is.

I would say based on experience that you can't pay webmasters, models etc in an unstable currency. If you've done business globally and had to deal with inflation and currency fluctuations between countries and currencies, you understand how quickly it can all turn upside down.
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