Quote:
Originally Posted by Barry-xlovecam
Here is a deceivingly simple solution -- pay the affiliate in the same divisional value of the Bitcoin divisional value that you accepted in payment!
Be an accounting nightmare <sarcasm>but I am SO sure the affiliates ( a fixed percentage expense ) would love to receive the same divisional Bitcoin in payment for their work that you originally received at the time of the sale </sarcasm>. Affiliates speculating in the values of their commissions -- win or lose ...
Affiliate compensation is a delayed payment on a contractual basis. Thus, Affiliate contracts are payable in lawful currency So on a practical basis; the Affiliate contacts would have to be amended to provide for this sort of payment: In essence a pass through barter. |
There are definite potential advantages for affiliates depending on how it is set up though. For starters if you give affiliates their own unique address or addresses then it becomes easier for an affiliate to check for shaving since all transactions are able to be publicly viewed. The affiliate will be able to see how much money has really been sent to an address. If I see payments to a given address but the sponsor tells me there has been nothing then I know I am getting bullshitted. Yes there are ways to get around it such as by presenting different payment addresses but it's easier for the affiliate to detect that.
I'm not sure how to implement this technically at the moment but I'm thinking there is a way.