Will you be Shopping with Bitcoin?

BlackOrchid BlackOrchid
As of today, I noticed on the main page that EF is now accepting Bitcoin as a payment option. Do you plan on shopping here using it? Have you ever used Bitcoin in general?
Answers (private voting - your screen name will NOT appear in the results):
7
10
5
4
2
Total votes: 28 (18 voters)
Poll is open
04/11/2014
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BlackOrchid BlackOrchid
I have not used Bitcoin before and do not know if I ever will. I feel like it's very complex and they need to make like a "Bitcoin for Dummies" or something.
04/11/2014
Rossie Rossie
I don't think I'll be using Bitcoins anytime soon -- they're way too virtual for me!
04/11/2014
buckaroobanzaii buckaroobanzaii
I've never used Bitcoin and doubt I ever will.
04/12/2014
edeneve edeneve
I've never heard of it & prefer to deal w/ a 'known' payment method.
04/12/2014
dv8 dv8
I guess I'll go mine some more bitcoins.
04/13/2014
eri86 eri86
I'll stick to regular payments, and occasionally using paypal.
04/13/2014
Sincerely yours, N Sincerely yours, N
I'll stick with Paypal until I find it impossible not to change. New payment methods come and go.
04/13/2014
wrecklesswords wrecklesswords
I'm really unsure on how I feel about bitcoin, to be honest. I will be staying away from it for the foreseeable future.
04/14/2014
dv8 dv8
Bitcoin isn't an alternative to Paypal; it's an entirely different form of currency. You'd be silly to convert dollars to bitcoins to make a purchase. On the other hand, if you know how to obtain bitcoins, then being able to spend them on EF is nice.
04/14/2014
wrecklesswords wrecklesswords
Quote:
Originally posted by dv8
Bitcoin isn't an alternative to Paypal; it's an entirely different form of currency. You'd be silly to convert dollars to bitcoins to make a purchase. On the other hand, if you know how to obtain bitcoins, then being able to spend them on EF is nice.
My friend's boyfriend seems to be obsessed with bitcoin.

Bitcoin is also a way to anonymously purchase things online.
04/14/2014
dv8 dv8
Quote:
Originally posted by wrecklesswords
My friend's boyfriend seems to be obsessed with bitcoin.

Bitcoin is also a way to anonymously purchase things online.
You'd need an anonymous mailing address.
04/14/2014
Kitten has left the site Kitten has left the site
I've heard of it, but I don't understand it therefore I'll never use it.
04/20/2014
Wicked Wahine Wicked Wahine
Great topic, BlackOrchid!

I think the idea is ingenious! Unfortunately, with all the governments crabbing about missing their taxation powers over it (and also, I suspect, pissed they & other financial bigwigs didn't didn't get their controlling thumbs in the pie beforehand to reap profits), as well as distracting us by focusing on illegal activity using it, I think it's days of true usefulness in the full fashion it was intended, are limited. *sigh*

I have no interest in using it for now because I have concerns over the ease of losing my bitcoins, or having them stolen and the inability to do chargebacks, so basically, I have concerns over consumer protection issues. But I only worry about that because I have such limited resources as it is. If I had the time and patience, I would mine for sure! Unfortunately, I am not savvy enough to know how to lend my computer to process those complex math problems, nor do I have the patience to figure it out right now on my own. But as a Libertarian, I think the concept is fabulous and I think all this focus on illegal use is a smokescreen to wrestle control of everything, once again. Heaven forbid the people be able to do anything anonymously and without government intrusion! I mean come on, regular currency is used a lot more for illegal gains and yet some of the biggest swindles are not only allowed, but supported by governments (e.g., the bail out). So, despite all their controls on regular currency, it's used for crime, why should there be a witch hunt over Bitcoin?

I digress, as usual, lol. Anyway, I think it's great that people can use their bitcoins on Eden, but given this place's lack of oversight in the past and the abuse it neglected to reign in for years, I can't help but wonder if they are not opening themselves up to more potential scams. I understand their interest in this, but given their track record, I am curious about their vulnerability to more abuse...we'll see.
04/20/2014
wrecklesswords wrecklesswords
Quote:
Originally posted by Wicked Wahine
Great topic, BlackOrchid!

I think the idea is ingenious! Unfortunately, with all the governments crabbing about missing their taxation powers over it (and also, I suspect, pissed they & other financial bigwigs didn't didn't get ...
You have a great point! There is a possibility that with how fragile EF has been in the past with scams and whatnot that they are just opening the door to be walked on. We shall see what happens!
04/20/2014
Inquisitor Inquisitor
Quote:
Originally posted by wrecklesswords
I'm really unsure on how I feel about bitcoin, to be honest. I will be staying away from it for the foreseeable future.
Agreed!
Mar 10, 11:17 pm
Total posts: 16
Unique posters: 11