Ninjastic
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Board Bitcoin Discussion
Re: Blizzard Entertainment & Bitcoins
by
CurbsideProphet
on 10/07/2011, 21:05:14 UTC
Quote from: twobits on July 10, 2011, 08:57:19 PM
Quote from: CurbsideProphet on July 10, 2011, 08:50:44 PM
Quote from: twobits on July 10, 2011, 08:37:20 PM
The target for this is not yet the average adult anyway.   Target would be precocious kids.

The average adult is absolutely your target.  Your average adult is the one with a brokerage account, 401(k), IRA, etc. etc.

You seem to be forgetting who the owners of the Company are.  Senior management is not answering to "precocious kids" they're answering to shareholders.  You know, the average adult?

No,  that is not the target.... at all....    since when is adding a payment method a board/shareholder level decision?


So adding a payment method is not a decision made by the owners of a Company?  It affects revenues.  Maybe if Bitcoins only added users but you have to take into account existing users switching from their current form of payment to Bitcoin.  Now you're talking about switching relatively stable revenues to relatively volatile revenues.  Management's main concern with a public company is the preservation of their stock so it is indirectly a shareholder decision.  Everything is.

We can go back and forth on this but I don't think it's worth the effort.  The ironic thing is I'm an owner of both Bitcoin and ATVI, believe it or not.  I'm just trying to look at this objectively.