Bitcoin Forum
May 14, 2024, 02:32:55 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Did Twitch secretly end payments with Bitcoin?  (Read 293 times)
Altcoinsintel
Member
**
Offline Offline

Activity: 342
Merit: 24


View Profile
July 20, 2021, 02:00:56 PM
 #21

Since we all agree that Bitcoin will not be used for payments of everyday transactions what is the reason to discuss about it?
Maybe some of you haven't realized it yet that Bitcoin shoots for digital gold, not for digital payments. Some of you are in this for 5-6 years, haven't you figured this out already?
1715697175
Hero Member
*
Offline Offline

Posts: 1715697175

View Profile Personal Message (Offline)

Ignore
1715697175
Reply with quote  #2

1715697175
Report to moderator
1715697175
Hero Member
*
Offline Offline

Posts: 1715697175

View Profile Personal Message (Offline)

Ignore
1715697175
Reply with quote  #2

1715697175
Report to moderator
1715697175
Hero Member
*
Offline Offline

Posts: 1715697175

View Profile Personal Message (Offline)

Ignore
1715697175
Reply with quote  #2

1715697175
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715697175
Hero Member
*
Offline Offline

Posts: 1715697175

View Profile Personal Message (Offline)

Ignore
1715697175
Reply with quote  #2

1715697175
Report to moderator
tyz (OP)
Legendary
*
Offline Offline

Activity: 3360
Merit: 1531



View Profile
July 21, 2021, 10:33:44 AM
 #22

Since we all agree that Bitcoin will not be used for payments of everyday transactions what is the reason to discuss about it?
Maybe some of you haven't realized it yet that Bitcoin shoots for digital gold, not for digital payments. Some of you are in this for 5-6 years, haven't you figured this out already?

It is more about the reason why they secretly ended the payment with Bitcoin and other crypto currencies. I agree with you that Bitcoin is not suitable to pay an amout of $5, as currently you have to pay 20-30% of it in fees if you want the transaction to arrive on time. Whereas the fees for an annual subscription of $60 would then be acceptable again for some.
But we are also talking about other cryptocurrencies that have been accepted, and where you have only paid a few cents in fees.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!