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Author Topic: Why won't Riot games accept Bitcoin  (Read 4537 times)
hellscabane
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June 30, 2014, 03:19:35 PM
 #41

Step:
1) Buy RP with daddy's CC
2) Use them in LoL.
Much easier.

FTFY.

Realistically, from a Bitcoiner's perspective I can see why you'd want merchant acceptance - but from Riot's view I can't see a reason at all to accept Bitcoin transactions.

Well I'll give them a reason then, I'm a platinum player in LoL, but I've never bought RP, since it's not a pay to win game, there's no reason to buy, RP is only for buying skins. Everything else in the game can be obtained for free. Plus, I try to keep my credit card usage online to a minimum, to minimize the risk of information leak, especially since gaming companies doesn't have the greatest track record of not being hacked.

But if Riot start accepting Bitcoins, I pledge to buy at least 1 BTC worth of RP.

Maybe this sort of this should happen more often to entice more merchant acceptance of BTC. Send BTC to an escrow fund, show a company how much is pledged if they begin accepting BTC as a payment, and when BTC is made a payment option, release the funds for transactions. Sure the logistics would need a bunch of fine-tuning, but I could see this working.

Then again though, I think the pledged money needs to be fairly significant in order for this to work.
tobyliciously
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June 30, 2014, 04:51:53 PM
 #42

Every1 should just accept BTC IMHO.

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wordman267645
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August 23, 2014, 07:36:31 PM
 #43

When any company start accepting bitcoin they have to need many reasons to accept it.Don't worry sooner or later they will accept it..
Lauda
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August 23, 2014, 08:35:03 PM
 #44

When any company start accepting bitcoin they have to need many reasons to accept it.Don't worry sooner or later they will accept it..
Well the thing with BTC is that it is faster and they save a ton of money on fees.
I'm guessing the only thing that is scaring them away right now is the volatility of BTC. Unless they instantly sell they can't guarantee that they will get the amount of FIAT that was paid using BTC.

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