...Payments using Bitcoin will be calculated based on the current price charged by Bitpay. However, if a Bitcoin payment is cancelled, the customer will be refunded in Euros, with payment being sent to a customer’s traditional bank account.
“When you make your initial payment, Bitcoin is already converted into Euros. The rate applicable at the time of your payment will therefore be the rate applied for reimbursement,” the website says.
If I use Bitcoin there is a likelihood that I wish to remain private, compelling users to divulge their bank details for a refund when an order is cancelled doesn't quite sit right with me. Understandably, they are using a payment processor, so all transactions made in bitcoins are immediately converted to fiat, they could however still hold some bitcoins in reserve precisely for this sort of situations.
For online orders, most merchants will have to do this in order to avoid losses. They're converting BTC into fiat instantly in order not to be affected by price volatility, and converting BTC -> fiat to only refund the order back into BTC minutes/hours later could turn, with a sufficient amount of orders, into a considerable change of income and profit.
If we really want to see bitcoin growing among the mass, the fear of KYC must be left behind for good! Definitely, if an individual chooses to remain anonymous, there's nothing we can do and we must respect his decision! But let's not make it a reason to push bitcoin back to underground where only hackers and criminals prefers to use it!
Really I don't see an issue in using bitcoin for any purchase (online or offline) if the government allows it. It's not important to hide behind the rock every time there is a question of privacy.
Yeah, the issue isn't that there are services out there giving you a choice. It is that the list of these choices you get shortens with every new such updates. We should have a choice no matter if we're willing to be anonymous or not.
Assuming that more anonymity/privacy pushes for more (cyber)crimes is wrong in the first place, I believe. A lot of people prefer to keep their cash out of banks for safety and privacy purposes, so that your bank doesn't ask you why you spent your bucks on certain stuff or where that money comes from.
I'm happy to see Bitcoin being accepted by more and more countries, companies and individuals worldwide. But adoption shouldn't mean leaving a person who desires to be anonymous with no options because it leaves them with 2 options: either having to do a criminal activity (tax evasion) in order to make use of their BTC or having to leave their privacy behind and follow the KYC rules.