Why don't popular micro/freelancers sites adopt bitcoin? - page 2.

dkbit98

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Quote from: uneng on January 25, 2022, 06:17:25 PM

In your opinion, why do these popular platforms act like this and completely ignore bitcoin? And why doesn't a platform of the same kind, but using bitcoin, is able to develop itself to compete against the big ones?

Biggest problems are with regulations in many countries and you can't have one rule for all in this case.
Second thing that is preventing more business to accept Bitcoin payments directly could be transaction fees that can sometimes be higher, and inability to revert transactions.
Easy solution for them would be using something like BTCPayServer and accepting LN payments, but I don't most of them will lever use this for selfish reasons.
If big tech ever accepts some method of crypto payments in global scales it will be one they create themselves, so they can control supply and turn accounts on/off.

hugeblack

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There are several reasons for this:

- Bitcoin price volatility: Many services will prefer paying with cash because it is stable, and therefore perhaps paying in stablecoins will be better than BTC.
- Earn free bitcoin: Despite all these years, I see that more and more people are looking for ways to earn free bitcoin instead of buying it or working for it.
- Ease of using cash: With cash, you can buy bitcoin and other things other than bitcoin.

Generally, when companies like Google, Facebook or PayPal (direct payment) start accepting Bitcoin in one form or another, we need individual adoption.

mk4

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Quote from: OmegaStarScream on January 26, 2022, 03:20:07 AM

I don't think I can agree with you on this one. Implementing bitcoin payments shouldn't require that much work unless they're planning to run their own nodes, etc. which most businesses are not interested in doing.

Sure, not to mention that they can easily use the likes of BitPay and Coinbase Commerce. I think that they simply think it's not worth the time, regardless if difficult to implement or not.

Quote from: OmegaStarScream on January 26, 2022, 03:20:07 AM

As for the demand, then I'm pretty sure a lot of people would like to see it, maybe they just didn't show interest. Freelancer platforms are full of developers and tech-savvy's, exactly the type of people who you would expect to be interested in bitcoin.

We can also look back a little, and see that Fiverr used to accept Bitcoin (2014-2017). So even now, 5 years later when the demand should be higher, it seems like there's still no interest to add it.

Let's assume that even at the very least 5% of the technical people on Fiverr/UpWork are interested in Bitcoin payments. Yes, that may be a decent reason for these services to add bitcoin payments. But then again, it's not like these people would leave just because they didn't add(or they removed) bitcoin payments. It's likely to just be a no biggie factor for their users.

OmegaStarScream

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Quote from: mk4 on January 25, 2022, 10:33:21 PM

Truth be told — potential regulatory problems aside, I'm quite certain that demand for bitcoin payments is just so low that it might not make sense for them to allocate manpower into having bitcoin payments.

Quote from: uneng on January 25, 2022, 06:17:25 PM

And why doesn't a platform of the same kind, but using bitcoin, is able to develop itself to compete against the big ones?

We actually have existing crypto freelance sites. Obviously userbase is drastically lower than major freelance sites though.

I don't think I can agree with you on this one. Implementing bitcoin payments shouldn't require that much work unless they're planning to run their own nodes, etc. which most businesses are not interested in doing.

As for the demand, then I'm pretty sure a lot of people would like to see it, maybe they just didn't show interest. Freelancer platforms are full of developers and tech-savvy's, exactly the type of people who you would expect to be interested in bitcoin.

We can also look back a little, and see that Fiverr used to accept Bitcoin (2014-2017). So even now, 5 years later when the demand should be higher, it seems like there's still no interest to add it.

Charles-Tim

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Quote from: mk4 on January 25, 2022, 10:33:21 PM

Truth be told — potential regulatory problems aside, I'm quite certain that demand for bitcoin payments is just so low that it might not make sense for them to allocate manpower into having bitcoin payments.

I do not think it should be because of this, the payment will just be an agreement between hirer and hire and no one to lose. The reason about this would be because of regulatory problem like you have commented.

Quote from: mk4 on January 25, 2022, 10:33:21 PM

We actually have existing crypto freelance sites. Obviously userbase is drastically lower than major freelance sites though.

What I just noticed about freelancing sites is that the ones that have been existing before are not giving way for new ones, people prefer to use the old freelancing sites like Upwork. This could be as a result of their stringent rules before accepting new freelancers, because hirers will want to hire quality freelancers, compare to new sites that will still be looking for hirers and hirees.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: uneng on January 25, 2022, 06:17:25 PM

In your opinion, why do these popular platforms act like this and completely ignore bitcoin?

The number of people who are willing to accept bitcoin as payment is smaller than the number of people willing to accept fiat payments.

Truth is that in majority of countries from where freelancers comes from, bitcoin is still in its baby steps, with some countries proposing an upcoming ban while some talking about regulations today and pulling out tomorrow. In such "unstable" situations, those who depend on freelance work for daily bread would rather go with the safer option, which is always fiat.

For them thinking about inflation and decentralization is more of a luxury than an necessity. Hence the lack in voice from their side as well.

Quote

And why doesn't a platform of the same kind, but using bitcoin, is able to develop itself to compete against the big ones?

There are such platforms, but they are much less popular. In fact whichever crypto-based project you try to develop when competing against a mainstream project, the former always ends up being a smaller one. Hard truth, it will like that for sometime.

noorman0

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Quote from: uneng on January 25, 2022, 06:17:25 PM

Bitcoin is almost 14 years old, countries have already regulated it or passed laws considering it legal tender,

As far as I know it's just Elsalvador.

If you mean adoption as a payment instrument, of course the main problem is that regulations don't allow it. Their popularity can easily become a public spotlight, influence many to follow in their footsteps, and invite government scrutiny. After all, bitcoin is decentralized and cannot be censored. They on the other hand could have secretly and with other "characters" been adopting bitcoin all along without us knowing it.

mk4

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Truth be told — potential regulatory problems aside, I'm quite certain that demand for bitcoin payments is just so low that it might not make sense for them to allocate manpower into having bitcoin payments.

Quote from: uneng on January 25, 2022, 06:17:25 PM

And why doesn't a platform of the same kind, but using bitcoin, is able to develop itself to compete against the big ones?

We actually have existing crypto freelance sites. Obviously userbase is drastically lower than major freelance sites though.

uneng

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Bitcoin is almost 14 years old, countries have already regulated it or passed laws considering it legal tender, each new day another ATM is settled somewhere in the world, the most influent men in the world confessed they own bitcoin or have interest for it, big companies have been going through the same path.

However, online platforms which offer opportunities for freelancers, which could be the most benefited ones by adopting bitcoin on the practice seems to just ignore it. Sites like OneForma and ClickWorker don't care about improving their payment methods and actually, they are more than one decade late already. They keep forcing users to use Paypal or Payeer, which are terrible depending where you live, as these international payment services are forced to follow local regulations from countries where taxes are heavily imposed over their citizens, especially those who venture working online.

Unfortunatelly there isn't any bitcoin micro tasks site around with the same weight those mentioned sites have on the virtual environment...

In your opinion, why do these popular platforms act like this and completely ignore bitcoin? And why doesn't a platform of the same kind, but using bitcoin, is able to develop itself to compete against the big ones?

Topic: Why don't popular micro/freelancers sites adopt bitcoin? - page 2. (Read 339 times)