61–70 of 149 posts
No crypto currencies yet...
To a certain extent, doesn't this weaken the case for Bitcoin? One of Bitcoin's big selling points is "seamless international commerce". If a company (ie, Stripe) makes it painless to let customers pay in whatever currency they have, doesn't that advantage for Bitcoin go away?
Holy shamoly! This is incredible! I'm actually checking to make sure it's not Apr 1. I'm beyond-amazed at the sheer breadth of this list. I mean, PayPal itself only supports 20-odd currencies, I think. I mean, the Brazilian Real? Literally almost no payment processors support that. And believe me, I've looked for them. This is amazing news. (As a side question, if anybody from Stripe is listening here: how exactly is…
For a BRL charge the transaction will still be to a US merchant, rather than a local merchant. You're right that in some countries like Brazil, this can be a bit hit-or-miss.
But it is still amazing that BRL is supported at all, given the insane regulations.
Earlier quoted context omitted.
Although they are convertible one for one with the Pound Sterling. It's the same with the Isle of Mans currency the Manx pound. This is because these are British dependencies or have a special relationship with the UK but at the same time are independent.
Note though that those pounds (I have a 5 Jersey Pound bill somewhere) are not legal tender in the UK [1]. [1] http://en.wikipedia.org/wiki/Jersey_pound
Earlier quoted context omitted.
Stripe is a bit younger, except Pin (which was operating in Australa first though). Pin did mention somewhere that they had a very special partnership with one of the 4 pillar banks that would have been difficult to create.
Pin Payments is owned by the big four Australian banks. They have a vested interest to make sure it is harder for competitors to enter the market, not easier.
Earlier quoted context omitted.
Note though that those pounds (I have a 5 Jersey Pound bill somewhere) are not legal tender in the UK [1]. [1] http://en.wikipedia.org/wiki/Jersey_pound
Yes, but for what's worth, the Pound Sterling is readily accepted in Gibraltar.
No crypto currencies yet...
To a certain extent, doesn't this weaken the case for Bitcoin? One of Bitcoin's big selling points is "seamless international commerce". If a company (ie, Stripe) makes it painless to let customers pay in whatever currency they have, doesn't that advantage for Bitcoin go away?
Another selling point is that BTC you can own while USD/EUR/RUR/CNY you cannot. Fiat currencies are always under control of the banking system and ultimately at the mercy of the central banks. "Bail outs", "bail ins", "QE", "haircuts", "freezing accounts" etc. are all effects of not being able to hold your own money. You can hold physical gold, but it's not portable or easily divisible. Bitcoin allows holding any amount of wealth, be it $1 or $1000000 even inside your brain. It's much easier to meddle with your savings in USD/EUR than in Bitcoin.
Holy shamoly! This is incredible! I'm actually checking to make sure it's not Apr 1. I'm beyond-amazed at the sheer breadth of this list. I mean, PayPal itself only supports 20-odd currencies, I think. I mean, the Brazilian Real? Literally almost no payment processors support that. And believe me, I've looked for them. This is amazing news. (As a side question, if anybody from Stripe is listening here: how exactly is…
No crypto currencies yet...
To a certain extent, doesn't this weaken the case for Bitcoin? One of Bitcoin's big selling points is "seamless international commerce". If a company (ie, Stripe) makes it painless to let customers pay in whatever currency they have, doesn't that advantage for Bitcoin go away?