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Topic: Paying using BTC - page 4. (Read 816 times)

sr. member
Activity: 322
Merit: 250
November 06, 2017, 11:21:51 AM
#9
Because price of Bitcoin is not stable as fiat so they don't want to use it to pay for their partners. Beside Bitcoin is not legalized worldwide moreover it's banned in few countries all over the world that mean it'll be illegal if Youtube or Google pay for people in these countries in Bitcoin and they will have to go to jail if they will be caught received Bitcoin Smiley). But I think in the future Youtube and Google will accept Bitcoin for payment but it'll take several years to complete.
legendary
Activity: 2702
Merit: 4002
November 06, 2017, 11:01:32 AM
#8
Because youtube ,paypal , google and others want to know first who send money and his address .

bitcoin is impersonality coin so you need to verify your ID before use it so when verify ID you can use youtube , google and others .

make account on some prepaid credit cards like crytopay and then verify your ID after that you can use bitcoin at any place  
hero member
Activity: 714
Merit: 500
November 06, 2017, 10:57:28 AM
#7
Why dont google,youtube pay us with bitcoins?

The price fluctuation is just too much at the moment to use bitcoin for this purpose. But if companies like Google start using bitcoin, its value will be going to new galaxies (forget the moon).
hero member
Activity: 3052
Merit: 651
November 06, 2017, 10:54:48 AM
#6
They will have a hard time calculating how much you will paid because of the price fluctuation of BTC and who want that to happen? If I am the payer then I dont want to add more work just by calculating everytime the price moves.
Plus, they would need to buy bitcoin just so they could pay you?
full member
Activity: 158
Merit: 100
November 06, 2017, 10:51:56 AM
#5
Simply because bitcoin's price is currently too volatile to be used as a payment of those big tech companies. I'm pretty sure companies of that caliber wouldn't want to put their company on a huge risk of losing money.

I had rather rephrase that as "because cryptocurrency price is volatile". Otherwise, bitcoin price is relatively stable to altcoins.

But, they can still use crypto payments as fun element for things such as bug bounty, rewards, referrals etc.
legendary
Activity: 1904
Merit: 1074
November 06, 2017, 10:48:24 AM
#4
These companies can only make this decision when Bitcoin/Crypto currencies are regulated and properly defined as a

currency. These companies have customers in many countries all over the world and Bitcoin/Crypto currencies are banned in

some of them. Why would they accept a currency that are being banned or not properly regulated? I asked this same

question to one of the largest online gaming platforms and that was the response I got.  Roll Eyes .... I even got banned on their

forum when I mentioned Bitcoin.  Tongue
sr. member
Activity: 602
Merit: 263
November 06, 2017, 10:45:41 AM
#3
With the volatility that bitcoin has, it's better they receive their payments in btc than paying their partners in bitcoin. Would be a nice idea if Google made their own cryptocurrency and started to pay with it, because that would give so much confidence for cryptos that Bitcoin could easily hit $ 10,000. This could be interesting and might start a really new running to see who makes the better cryptocurrency, google, apple, microsoft, samsung? Who knows that? Amazon seems to have given the first step and may be the pathways of a large company fully involved to cryptos.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
November 06, 2017, 10:37:46 AM
#2
Simply because bitcoin's price is currently too volatile to be used as a payment of those big tech companies. I'm pretty sure companies of that caliber wouldn't want to put their company on a huge risk of losing money.
member
Activity: 336
Merit: 10
November 06, 2017, 10:14:21 AM
#1
Why dont google,youtube pay us with bitcoins?
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