[Suggestion] Bitcoin support?

As much as some people might be okay with FastSpring, I dislike using those kind-of services.
I’m sure that some people may prefer Bitcoin.

Bitcoin is starting to grow in popularity, and it’s disappointing to see that I can’t purchase Game Dev Tycoon using it. I think it’d be great if you would add an option for Bitcoin when purchasing.

If you’re concerned about having to deal with Bitcoin personally, you can use BitPay ( http://bitpay.com ) who are a large company who deal with financial transactions using Bitcoin for many different websites, including [WordPress!][1] They will handle the bitcoins for you, and convert them to your local currency, whether dollars, euro’s or yen, and wire it straight into your bank.

I personally think that allowing users to pay using Bitcoin will help to increase your sales and market share, and if it were to be supported, I’d definitely be purchasing a copy of Game Dev Tycoon immediately.

I don’t see any disadvantage to you accepting Bitcoin, but if you do feel there are any issues with you accepting it, I’d love to hear why not.
[1]: http://en.support.wordpress.com/bitcoin/

Hmm, you don’t want to use an already popular payment method because you dislike that kind of service, but you’ll use a distributed payment method, where your transaction will be handled by a user randomly selected around the world (bitpay don’t handle it, the handling is palmed off on bitcoin users via hashing). I know which i’d prefer to use :stuck_out_tongue:

I prefer the one where a single company can’t decide what I can and can’t do with my money. Even if my transaction has to be handled by BitPay, I still control my own money, and no single entity can take it from me (yeah, screw you PayPal for suspending my account, stealing my money and refusing to tell me why)

IF and when BTC becomes a stable currency,
one could think of handling orders thru BTC.

couple of things I don’t like about BTC:

  • several BTC-to-real money exchanges went offline, the owners running from law enforcement
  • hilarious security issues, online wallet hacks seem to come in waves, every now and then
  • can’t exchange BTC into hard currency, be it EUR, USD or GBP except thru some rather shady websites.
  • at the moment it’s more like monopoly money, exchange rates go up and down like crazy.
  • rather nasty speculation bubbles coming and going

just my €0.02

That doesn’t matter too much if BitPay is behind handling it, the dev’s will get their $8 either way.

Most of the bad ones were pretty shady in the first place. Right now, to run a real exchange you have to comply with FINCEN regulations, which makes it extremely difficult for exchanges to hide from law enforcement. Exchanges such as MtGox, BTC-e and Bitstamp all have licensing in the US to exchange Virtual Currency, as well as compliance to all FINCEN regulations. If you use any of these new, shady exchanges - it’s your own fault for touching them.

A lot of these sites used horrible security techniques. A good example of real security is when BTC-e got hacked with “fake liberty reserve dollars”, is that people were only able to take around $30k, as that’s all that was present in their hot wallet; the rest in cold storage. Because of that, BTC-e was still able to pay everyone their funds, and is still running to this day.

Companies like MtGox have all the regulations required by US law, they are definitely not “shady”, in fact they’re pretty open about issues and regulations, and are usually quick to combat them. Many US citizens and Europeans use Gox without any issues.

Why would a merchant want to take transaction in a currency that is fluctuating in value 10% daily and 50% monthly. Its like playing roulette with your income.

Well if you read the first post:

or my previous post:

This way it’d be fine for them to support it, they don’t need to worry about the risk of bitcoin’s value fluctuating, but now users could have more choice on how to pay for the game.