Topic: No More Donate Button?

Just out of ulterior motive, why is there no longer a PayPal donate button? Does Bitcoin charge less of a fee?

Re: No More Donate Button?

It's still there. You probably have an ad blocker.

Also, bitcoin is a currency. It's always free.

Re: No More Donate Button?

Lyle wrote:

It's still there. You probably have an ad blocker.

Also, bitcoin is a currency. It's always free.

Ah yes of course, the ad blocker. So bitcoin is always free. You work for eBay still? What's to stop an eCommerce business like them from accepting Bitcoins and avoiding the credit card processing fees of PayPal or whoever?

Re: No More Donate Button?

xlledx wrote:
Lyle wrote:

It's still there. You probably have an ad blocker.

Also, bitcoin is a currency. It's always free.

Ah yes of course, the ad blocker. So bitcoin is always free. You work for eBay still? What's to stop an eCommerce business like them from accepting Bitcoins and avoiding the credit card processing fees of PayPal or whoever?

I work for PayPal which used to be a part of eBay and PayPal does accept bitcoin. A lot of businesses accept bitcoin and there are a fair amount of ATMs all over the place (even in Delaware). Bitcoin is a currency that can be sent from person to person/business without the need of a 3rd party (namely a bank). This is where the controversy lies. Of course financial institutions hate it and there's a fair amount of fear in law enforcement because  it's almost untraceable. It's like digital cash. Because it's a currency, it's value also fluctuates, which makes people and businesses hesitant to use it. Take a look at a 2015 bitcoin value graph as an example.

https://bitcoinaverage.com/blog/user/pages/01.blog/what-could-shape-bitcoin-price-chart-in-2016/2015-bitcoin-price-chart.jpg

FYI, current value is just over $1,000 US, so it's more than doubled in a year.

Re: No More Donate Button?

Hi Lyle,

So what's stopping you from accepting Ethereum or any of the other cryptocurrencies? Basically, Im trying to figure out if there's a barrier of entry to new cryptocurrencies. I mean, if someone donated $100 of Bitcoin or $100 of XYZ_crypto_currency, there's no difference right? It's still $100. Im reading Blockchain Revolution at the moment and trying to wrap my head around this stuff.

Thanks!