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Microsoft accepts bitcoins; why doesn't ANet?

in Guild Wars 2 Discussion

Posted by: Dennis.5904

Dennis.5904

LOL @ some of the replies here.

“Bitcoin is not backed by anything”
“bitcoin value not stable”

blah blah blah. Do your education or shut your mouth. Merchants who accept bitcoin, have 0% risk by doing it. They get paid dollar amount in their bank account next day, they never see the coins. The merchant processor handles everything for the merchants. There is really 0% risk of accepting bitcoins through a merchant processor, no matter what the price is.

Can we please buy gems with bitcoin?

in Black Lion Trading Co

Posted by: Dennis.5904

Dennis.5904

Alot of the people posting here are really ignorant. Many people in this thread saying Bitcoin is too volatile blah blah blah, but they don’t know that the Bitcoin ecosystem has grown so much where volatility is not the slightest issue for merchants. The merchants don’t have to hold the bitcoins, they get dollars in their bank account the next day just like credit cards.

The benefit is there is no risk of fraud/chargeback and its instant. It’s actually in the merchants interest to accept Bitcoin. There is no reason not to, its cheaper and more secure in every way. It’s just new so alot of people don’t know about it yet.

Recently, Dell, Newegg, TigerDirect, and like a million other places started accepting it to get the upper hand over their competitors. There is no volatility risk, or really any risk for the merchants.

The Bitcoin ecosystem is growing so rapidly, but alot of naysayers are still ignorant saying MtGox, virtual money, backed by nothing, blah blah. Oh well, these are the people who will miss out on good opportunities. Don’t cry later.

ArenaNet would probably see alot more revenue coming from the Bitcoin community as well.

If you’re a business, theres no reason not to accept it. More customers, 0% fraud risk, instant payments, next day dollars in your bank account, no volatility risk.

Join my guild, its called Bitcoin Ballers.

(edited by Dennis.5904)