Post
Topic
Board Bitcoin Discussion
Re: Petition to steam to add bitcoins and altcoins as a payment method.
by
Notanon
on 13/12/2014, 12:18:06 UTC
Why would you want them to add altcoins as well?

Bitcoin is the safest and best option for any service, site or merchants.

Peercoins are a pretty decent choice as an alternative, IMO. Nothing wrong with Bitcoins, but why just limit the choice to one cryptocurrency only?

 I love the small block chain size of bitcoin.

Peercoin block chain size is even smaller. Wink


Because most companies will choose a service like bitpay. Do they take peercoins?

Don't think so, but a company called Holy Transaction are processing payments in a similar manner to Bitpay.


Why would they add altcoins if they already have Bitcoin.

Bitcoin is getting more and more support from around the world.

Serious companies and organisations won't choose for altcoins.

So what happens if Bitcoin should reach a hypothetical $1000000 per BTC? Would be like paying for groceries with gold ingots, a tad overkill. Not to mention the 10 minute confirmation time.