Re: [ANN] LeaseRig.net Rent & Hire Scrypt(Jane/Nfactor)/SHA3/SHA256/X11 HashPower!

Leaserig and Coinbase are 2 very different things. And how are we supposed to receive it? In BTC? Via bank transfer?
Do you want leaserig to become a huge bitcoin exchange?
By the way, you cannot buy BTC from coinbase using a credit card.

Different, yes, but Coinbase is a good example of using a reversible payment method to transact with an irreversible one. It allows instant ACH purchases of Bitcoin, which carry a risk too, and it uses credit cards for backup.

I don't want LeaseRig to become anything that would jeopardize it's primary purpose, and I think I made it clear that my response was to the statement that accepting credit cards and/or USD "defeats the purpose". It doesn't defeat the purpose if it's done properly, it can actual enhance the appeal of crypto currencies, which is a good thing. LeaseRig doesn't need to do this by itself if it detracts from serving its primary purpose, they can use a payment processor like... er... Coinbase?

They could use coinbase or bitpay, but is there a need for it?
And coinbase accepts bank wire, which is reversible, but not as easy as credit cards and paypal. It's really easy to reverse those.

I'm sure there is a need, but I'm probably biased since I work with all sorts of payments and have learned to deal with risks of credit cards or PayPal or whatever. Ultimately it's up to miaviator and his gang to decide if it's worth it for LeaseRig. As a provider I would surely appreciate the broader customer base.

Coinbase accepts - at least in the US - *instant* bank transfer purchases for verified customers, which essentially means they are lending up to $1000 at their own risk. That's even easier to "reverse" than a credit card purchase since in this 19th century banking system the transfer takes days, plenty of time for a crook to disappear the cash. So I think they have a decent idea about managing their risk.