Post
Topic
Board Hardware
Re: Off-Topic
by
joeventura
on 26/06/2013, 18:59:55 UTC
I wish everyone would pay in BTC...

You know that is really getting old.

You realize that to have Bitcoins, you have to mine bitcoins. So why the heck would you expect to have everyone pay in BTC?

On top of that, this is a new unknown vendor, what protection do I have paying in BTC? answer: NONE.

That's why you should never own a business selling BTC miners. Because you don't understand the very BASIC ground floor aspect of the business.


Are you arguing that you cant purchase Bitcoins outright from an exchange?

And that the counter party risk of fiat processors is better than the counter party risk of community trusted escrow agents?

Telling people what they do and don't understand is a bit of a stretch here.



An escrow agent on this site can get hit by a car tomorrow.
Nothing is a sure thing.
Buyers in these new ASIC miner deals need protection. That comes in the form of Paypal or Credit cards.
Everything else is a much greater risk.

In my mind:

1. Credit card
2. Paypal
3. Escrow agent
4. Bank Transfer
5. Direct BTC payment

is the order of ideal transactions from a safety perspective and if you are a new, unknown ASIC vendor (not a group buy from a known vendor) than #3 is not an option because they want the fund to fund the deal and #4 and #5 are a HUGE risk

Which leaves Credit Cards and Paypal.