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Shopify accepts Bitcoin

ecommerce.shopify.com

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Re: Shopify accepts Bitcoin

#4

Post by pbreit »

Will be interesting to see if Shopify (or anyone in general ecommerce) ever reports on the popularity of Bitcoin as a payment method considering there is no sense at all to use Bitcoins to purchase legal items in the vast majority of countries.

Re: Shopify accepts Bitcoin

#5

Post by jzwinck »

pbreit wrote: post #4

Will be interesting to see if Shopify (or anyone in general ecommerce) ever reports on the popularity of Bitcoin as a payment method considering there is no sense at all to use Bitcoins to purchase legal items in the vast majority of countries.

No reason to use Bitcoin to purpose legal items? How about not having to divulge your credit card or bank account details to sellers? This exact same problem is apparently important enough that even the established players are trying to solve it, with things like one-time use credit card numbers and third-party authentication pages.

Re: Shopify accepts Bitcoin

#6

Post by MichaelApproved »

jzwinck wrote: post #5
pbreit wrote: post #4

Will be interesting to see if Shopify (or anyone in general ecommerce) ever reports on the popularity of Bitcoin as a payment method considering there is no sense at all to use Bitcoins to purchase legal items in the vast majority of countries.

No reason to use Bitcoin to purpose legal items? How about not having to divulge your credit card or bank account details to sellers? This exact same problem is apparently important enough that even the established players are trying to solve it, with things like one-time use credit card numbers and third-party authentication pages.

A bit off topic but is anyone trying to work subscription payments with bitcoin? Is that even possible without something like a prefunded account?

Re: Shopify accepts Bitcoin

#7

Post by achalkley »

MichaelApproved wrote: post #6
jzwinck wrote: post #5

Earlier quoted context omitted.

No reason to use Bitcoin to purpose legal items? How about not having to divulge your credit card or bank account details to sellers? This exact same problem is apparently important enough that even the established players are trying to solve it, with things like one-time use credit card numbers and third-party authentication pages.

A bit off topic but is anyone trying to work subscription payments with bitcoin? Is that even possible without something like a prefunded account?

The only way you could do it without a "pre funded" account (online like Coinbase) was if you had a RPC-Client for your transactional wallet, say on your local machine. This client would schedule payments.

Re: Shopify accepts Bitcoin

#9

Post by RickHull »

pbreit wrote: post #4

Will be interesting to see if Shopify (or anyone in general ecommerce) ever reports on the popularity of Bitcoin as a payment method considering there is no sense at all to use Bitcoins to purchase legal items in the vast majority of countries.

> considering there is no sense at all to use Bitcoins to purchase legal items in the vast majority of countries.

This is quite asinine. I assume you've never tried to purchase an item in country A from merchant A' accepting currency A'', while you are in country B using bank B' with an account denominated in B''. The hurdles, generally, are numerous and diverse. Any lack of hurdles is quite exceptional, and completely dependent upon international agreements between nations, banks, and any number of permutations thereof.

Instead, you could simply transact in BTC.

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