Do you use bitcoins for work? How common are they in the industry?
Or is everyone just talking about them?
Or is everyone just talking about them?
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I can accept any crypto.
Even doge.
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Got paid in btc a few times ..
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I wish all sponsors paid in Bitcoin because when you're paid in USD/cash you have incentive to spend it asap, because everyday you hold you lose purchasing power for your $$$$, while Bitcoin is a savings tech designed to increase with time (and the inevitable inflation)If you think tough men are dangerous, wait until you see what weak men are capable of.
- Jordan B. Peterson
Listen to Pomp tell why is Bitcoin importantComment
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Interesting question. I've not used BTC yet, but I am willing to accept crypto as a payment method for my writing services if some client would like to pay in BTC or ETH.Success stories of porn webmasters - one click away:
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Obey the CowgodComment
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I only work with Ad Networks that pays with +Bitcoin.
Doing good for +2 years and had no problem.
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its all I use for work at this point. using anything else is kinda of counter productive.Comment
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That will definitely change in the next couple of years. The pandemic contributes a lot to that!Comment
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Now waiting for BTC from Chaturbate for 1st time!Comment
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In principle, we can also pay in crypto on our adult dating network.Comment
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I'm getting paid by a couple of programs in BTC. CB and Stripcash. Just collecting it for now, no where to spend it yet.Comment
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Do you know what exchange rate are programs using when they pay with BTC? Because each exchange/broker has a different price.
It would be great if they could pay with USDT, which is a stable coin. That way you don't risk getting paid let's say 1000 dollars in BTC and having 700 dollars a few hours later. Yes I know some people will say that we have FIAT mentality but it is what it is.Comment
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I'm using more and more, today i paid for hosting and domain reg in bitcoin (porkbun)...Crazy fast VPS for $10 a month. Try with $20 free creditComment
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All payment options have positive/negatives, leave it to each affiliate to choose what is best for ourselves.
Some see a savings technology as danger, others (me) see it as highly profitable & VERY convenient.
Remember, lots of us have lost with Epassport, Paxum & Payoneer account closures, foreign check fees, wire fees, & delays from all of these.If you think tough men are dangerous, wait until you see what weak men are capable of.
- Jordan B. Peterson
Listen to Pomp tell why is Bitcoin importantComment
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I've been paying out in Bitcoin lately to the people that asks. So far so good.
And I was able to find a merchant solution for crypto payments the other day. Will be adding that to our premium programs.
Crypto just scares me some because of the regulations that will be coming in the future and knowing so little about this info showing up on blockchain and what the government is doing with that.https://nerdycms.com Email me at traffic {at} nerdycms.comComment
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The "stablecoins" might be more suitable if you are concerned with volatility.
BTC is not ideal because there's a public record of every transfer ever made that the entire world can freely see and the BTC network itself can only process so many transactions per block. The only way to scale it is increase compute capacity, which with bitcoin is an insane amount of electricity and servers already.Comment
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What merchants are there for creating crypto processing integrations right now?
BTC isn't going anywhere. The crypto that many governments have issue with are the ones that have anonymity built into their protocols like Monero. They cite money laundering as the reasons why. Other coins with public ledgers that aren't just the creators trying to fundraise a bunch of money and pocket it are fine.
Cardano (ADA) is even being talked about as an alternative in Africa where the currencies are too volatile. They are thinking about even using it as the official government currency.Comment
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Bitfinex Pay just launched no more than a week ago
Or use the truly permissionless way with BTC Pay Server
If you think tough men are dangerous, wait until you see what weak men are capable of.
- Jordan B. Peterson
Listen to Pomp tell why is Bitcoin importantComment
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Except the program is going to choose what is best for them.
Holding 7 figure balances on a volatile currency is an accounting nightmare. BTC dropped 15% this week, if a program was preparing for their payout and then now the value has dropped, they now have to acquire more BTC just to meet their payables, having just lost a significant amount of value (and possibly their margin).
Now their business model goes from buying, converting, and monetizing affiliate traffic, to speculating on volatile digital assets... This is going to add a ton of complicated tax liability and possibly put them under the microscope for tax evasion and money laundering.
Ironically it's the smaller and/or international affiliates who demand services like epassporte, paxum, and payoneer. Affiliate programs don't like having to deal with those either.Remember, lots of us have lost with Epassport, Paxum & Payoneer account closures, foreign check fees, wire fees, & delays from all of these.
The expenses and shortcomings of the traditional banking system are not enough of a reason for a large adult company to take on so much additional risk.Comment
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If you think tough men are dangerous, wait until you see what weak men are capable of.
- Jordan B. Peterson
Listen to Pomp tell why is Bitcoin importantComment
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This topic is not about bitcoin as an investment or asset class.
This topic is about high volume, low margin affiliate programs who have a lot of throughput and payable accounts.
If a US-based program pays out 7 figures a week to affiliates, it is impractical for them to keep acquiring BTC on an exchange at that kind of volume, and will invite a tax audit.Comment
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You're bringing up the volatility with payments, if you see how Chaturbate has it, beautiful.
You get paid a few days after period ending OR you can submit payout asap at any given time (as long as minimum payout required)
It gives us a little control & no way is it perfect, nor is any other payment option, but this is the best one I've seen any sponsor have
BTC payout automatically after period ends, with option to request payment at any given time (must allow few days processing).
Those of us choosing the BTC payout option must accept the fact we might gain/lose depending on the volatility. I'm not saying EVERYONE should choose it, it's not for everyoneIf you think tough men are dangerous, wait until you see what weak men are capable of.
- Jordan B. Peterson
Listen to Pomp tell why is Bitcoin importantComment
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If you think tough men are dangerous, wait until you see what weak men are capable of.
- Jordan B. Peterson
Listen to Pomp tell why is Bitcoin importantComment
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