ARGH! What I'm trying to say is that there are payment processing services that do a bitcoin to USD conversion ON THE SPOT. The whole reason I even brought this request up is because I used such a system to buy a subscription to a VPN service and loved how simple it was.
I'm a tech junkie, I love cool new things. I'm also level-headed and I totally understand why nobody in their right mind would straight up take bitcoins. This is why I find these exchange services so interesting that I would bring it up here.
I'll probably take you up on the offer, martin0siddle, but I'm just trying to suggest an interesting and riskless way(to both parties) of attracting more subscribers to the owners of the site. These services literally do what martin0siddle is doing(taking a fee for a e-currency -> USD transaction) but in an automated and trustworthy way(no offense to martin0siddle).
I urge everyone to read this article:
http://nypost.com/2013/12/28/nyc-ret...ting-bitcoins/
It's the same reason you allow both credit cards and Google Wallet, not just credit cards: it gives the payer more payment options. The same reason you would accept both Visa and Mastercard, not just Visa.
EDIT: and probably the most important reason is because you are reaching a potential customer base(those who don't want to risk exposing themselves to Visa/Mastercard/Google)
Which service are you refering too? The only "instant exchange" BTC->USD payment gateway i used in the pass would take huge fees as in 10% fees and they would NOT pay in moneybooker as exchanging bitcoin to moneybooker is agaisnt moneybooker rules, they can close up your MB account if they find out. Same goes with Paypal..
What you refer to "using bitcoin to buy vpn" is not a Exchange service(I doubt it is). What happend is that the company, which provide the VPN service have ALOT of customer that want to use Bitcoin! Lets face it, why would someone buy a VPN its to be anonymous. So, of course, they will accept bitcoin...many also accept ltc, nmc, and so on... and they convert the price on the spot yes. But they receive bitcoin, and value the bitcoin in USD at the time of checkout, but they receive bitcoin.
The vpn company, cashout their bitcoin every X days... when you receive ALOT of bitcoin it is worth it! It is actually well worth it, because VPN customer want anonymity, so they get much more clients.
But, a VPN company would not take bitcoin if they only had 1-3 customer a month that would pay in bitcoin, I am pretty sure we look up their bitcoin wallet address on blockchain and we will find out they received thousand's of transactions every month.
I dont think many people would use bitcoin on this forum, most of people on this forum are 45yo+ mongers who don't know how to use a iphone.
Clientele of this forum and of a vpn service is much different.
Hell, send the money to me, and I'll send it to Jimmy. How simple is that?
If you think it's love try not paying in the morning..
"Do not regret growing older. It is a privilege denied to many."
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