Facebook accepts Bitcoin?

[wasserman99]

There is no guarantee facebook is thinking about accepting bitcoin. They already accepted whatsapp and instagram. Right now, it seems like Facebook is getting ready for another new technology by accepting bitcoin. The company is ready to provide financial services and electronic money.

It isn't so much that facebook "accepted" instagram and whatsapp but they rather bought them out.

It is already possible to pay for things via bitcoin on facebook and IMO it is only a matter of time that facebook will start to accept bitcoin for payment for ads and likely credits. Also since it is possible to purchase many gift cards on this forum, I would not be surprised to start to see trading of facebook credits on the marketplace sometime in the future.

Facebook credits will slowly fade away. Merchants might decided to by pass payment system and accept and deal using bitcoin directly.

Unless facebook were to change their current policy this would really not be possible. AFAIK all "in-site" purchases must be done with facebook credits. This is very similar to how all "in-app" purchases must be done via the iTunes app store for apps on iPhones, iPads and iPods. I could see facebook potentially accepting BTC for payment for facebook credits in the future, but I would doubt that they would allow users to buy things with BTC directly.

Off platform transaction occur on ebay and amazon all the times.

The only issue is trust. For facebook store with reputation, they can easily convince buyer to send payment first before shipping items.

I am not so sure about amazon but I do know that off platform transactions are against ebay's rules. With facebook sellers/merchants can leverage facebook's trust to get people to pay for their product and be confident they will receive what they paid for. If a sale is done on the merchant's own site then the consumer will likely at least think they are at risk.

[RickyRickyyyy]

I think we are really close, maybe next year.

[kerafym]

There is no guarantee facebook is thinking about accepting bitcoin. They already accepted whatsapp and instagram. Right now, it seems like Facebook is getting ready for another new technology by accepting bitcoin. The company is ready to provide financial services and electronic money.

It isn't so much that facebook "accepted" instagram and whatsapp but they rather bought them out.

It is already possible to pay for things via bitcoin on facebook and IMO it is only a matter of time that facebook will start to accept bitcoin for payment for ads and likely credits. Also since it is possible to purchase many gift cards on this forum, I would not be surprised to start to see trading of facebook credits on the marketplace sometime in the future.

Facebook credits will slowly fade away. Merchants might decided to by pass payment system and accept and deal using bitcoin directly.

Unless facebook were to change their current policy this would really not be possible. AFAIK all "in-site" purchases must be done with facebook credits. This is very similar to how all "in-app" purchases must be done via the iTunes app store for apps on iPhones, iPads and iPods. I could see facebook potentially accepting BTC for payment for facebook credits in the future, but I would doubt that they would allow users to buy things with BTC directly.

Off platform transaction occur on ebay and amazon all the times.

The only issue is trust. For facebook store with reputation, they can easily convince buyer to send payment first before shipping items.

I am not so sure about amazon but I do know that off platform transactions are against ebay's rules. With facebook sellers/merchants can leverage facebook's trust to get people to pay for their product and be confident they will receive what they paid for. If a sale is done on the merchant's own site then the consumer will likely at least think they are at risk.

Merchant having its own website couple with good feedback on ebay/facebook store normally drive repeat customers away from the 3rd party platform into their own webstore with cheaper price products.

[faiza1990]

I think we are really close, maybe next year.

Yes some time paper work done very quickly but managing things are very difficult so we hope this happen in 2015

[DhaniBoy]

maybe it can be happened, when facebook go to sell goods like ebay we, they may be accepted payment such as bitcoin, dogecoin, etc
it does not rule of possibility to improve like that, hopefully it's happen as soon as possible ...

[AnnyHan]

I hope that will come true one day

[leezay]

Hello all,
I hear of some rumors that Facebook is going to accept BTC in the near future Am i late with this news, or just misunderstand ?

BR,

Gondel

When the wind of bitcoin comes, you need to either ride the wave or get swallow by it.

Facebook, for the own self interest, will need to accept bitcoin.

[indiguy]

facebook is business friendly so this might just happen in the near future.

[itsAj]

There is no guarantee facebook is thinking about accepting bitcoin. They already accepted whatsapp and instagram. Right now, it seems like Facebook is getting ready for another new technology by accepting bitcoin. The company is ready to provide financial services and electronic money.

It isn't so much that facebook "accepted" instagram and whatsapp but they rather bought them out.

It is already possible to pay for things via bitcoin on facebook and IMO it is only a matter of time that facebook will start to accept bitcoin for payment for ads and likely credits. Also since it is possible to purchase many gift cards on this forum, I would not be surprised to start to see trading of facebook credits on the marketplace sometime in the future.

Facebook credits will slowly fade away. Merchants might decided to by pass payment system and accept and deal using bitcoin directly.

Unless facebook were to change their current policy this would really not be possible. AFAIK all "in-site" purchases must be done with facebook credits. This is very similar to how all "in-app" purchases must be done via the iTunes app store for apps on iPhones, iPads and iPods. I could see facebook potentially accepting BTC for payment for facebook credits in the future, but I would doubt that they would allow users to buy things with BTC directly.

Off platform transaction occur on ebay and amazon all the times.

The only issue is trust. For facebook store with reputation, they can easily convince buyer to send payment first before shipping items.

I am not so sure about amazon but I do know that off platform transactions are against ebay's rules. With facebook sellers/merchants can leverage facebook's trust to get people to pay for their product and be confident they will receive what they paid for. If a sale is done on the merchant's own site then the consumer will likely at least think they are at risk.

Merchant having its own website couple with good feedback on ebay/facebook store normally drive repeat customers away from the 3rd party platform into their own webstore with cheaper price products.

It would need to have a lot more then a "couple" of good feedback reports to get most people to pay them directly. As many people should know it is very easy to manipulate a user's feedback on ebay. Also facebook does not have a store, nor do they have any kind of feedback system. 

[mustang77]

Not yet, but it will eventually happen.

[botany]

facebook is business friendly so this might just happen in the near future.

Facebook would have its own interests at heart.
If they had the capability, they would have ensured that everybody used facebook credits.
http://inventorspot.com/articles/war_wills_zynga_refuses_pay_facebook_credits_30_percent_tax_41553

[Gundulmu]

If facebook starts accepting Bitcoins, it will be a good step towards the recognition of crypto currency worldwide

[SwingBTC]

Not yet, but its getting certainly there.

[notme]

Accepts bitcoin for what?  They don't sell anything to consumers.  I suppose they could accept it for ads, but what businesses have BTC to spend?

[wasserman99]

There is no guarantee facebook is thinking about accepting bitcoin. They already accepted whatsapp and instagram. Right now, it seems like Facebook is getting ready for another new technology by accepting bitcoin. The company is ready to provide financial services and electronic money.

It isn't so much that facebook "accepted" instagram and whatsapp but they rather bought them out.

It is already possible to pay for things via bitcoin on facebook and IMO it is only a matter of time that facebook will start to accept bitcoin for payment for ads and likely credits. Also since it is possible to purchase many gift cards on this forum, I would not be surprised to start to see trading of facebook credits on the marketplace sometime in the future.

Facebook credits will slowly fade away. Merchants might decided to by pass payment system and accept and deal using bitcoin directly.

Unless facebook were to change their current policy this would really not be possible. AFAIK all "in-site" purchases must be done with facebook credits. This is very similar to how all "in-app" purchases must be done via the iTunes app store for apps on iPhones, iPads and iPods. I could see facebook potentially accepting BTC for payment for facebook credits in the future, but I would doubt that they would allow users to buy things with BTC directly.

Off platform transaction occur on ebay and amazon all the times.

The only issue is trust. For facebook store with reputation, they can easily convince buyer to send payment first before shipping items.

I am not so sure about amazon but I do know that off platform transactions are against ebay's rules. With facebook sellers/merchants can leverage facebook's trust to get people to pay for their product and be confident they will receive what they paid for. If a sale is done on the merchant's own site then the consumer will likely at least think they are at risk.

Merchant having its own website couple with good feedback on ebay/facebook store normally drive repeat customers away from the 3rd party platform into their own webstore with cheaper price products.

I would doubt this. Both amazon and eBay themselves have a very good reputation as far as buyers are concerned. Even power sellers on these sites would have difficulty selling off platform. Like to the effect that they would not be able to generate much in sales without offring discounts that greatly exceed the amount that sellers pay for selling their goods of their platforms.

[PowerCordZ]

It is not that hard to believe that they would accept bitcoin.

[onlyu]

There is no guarantee facebook is thinking about accepting bitcoin. They already accepted whatsapp and instagram. Right now, it seems like Facebook is getting ready for another new technology by accepting bitcoin. The company is ready to provide financial services and electronic money.

It isn't so much that facebook "accepted" instagram and whatsapp but they rather bought them out.

It is already possible to pay for things via bitcoin on facebook and IMO it is only a matter of time that facebook will start to accept bitcoin for payment for ads and likely credits. Also since it is possible to purchase many gift cards on this forum, I would not be surprised to start to see trading of facebook credits on the marketplace sometime in the future.

Facebook credits will slowly fade away. Merchants might decided to by pass payment system and accept and deal using bitcoin directly.

Unless facebook were to change their current policy this would really not be possible. AFAIK all "in-site" purchases must be done with facebook credits. This is very similar to how all "in-app" purchases must be done via the iTunes app store for apps on iPhones, iPads and iPods. I could see facebook potentially accepting BTC for payment for facebook credits in the future, but I would doubt that they would allow users to buy things with BTC directly.

Off platform transaction occur on ebay and amazon all the times.

The only issue is trust. For facebook store with reputation, they can easily convince buyer to send payment first before shipping items.

I am not so sure about amazon but I do know that off platform transactions are against ebay's rules. With facebook sellers/merchants can leverage facebook's trust to get people to pay for their product and be confident they will receive what they paid for. If a sale is done on the merchant's own site then the consumer will likely at least think they are at risk.

Merchant having its own website couple with good feedback on ebay/facebook store normally drive repeat customers away from the 3rd party platform into their own webstore with cheaper price products.

I would doubt this. Both amazon and eBay themselves have a very good reputation as far as buyers are concerned. Even power sellers on these sites would have difficulty selling off platform. Like to the effect that they would not be able to generate much in sales without offring discounts that greatly exceed the amount that sellers pay for selling their goods of their platforms.

Right. And both Ebay and Amazon are well aware of this and hence they are charging seller an arm and a leg just to use their platform.

[Strawbtcerries]

No but they will, and then we will see ATH x10

[picolo]

Accepts bitcoin for what?  They don't sell anything to consumers.  I suppose they could accept it for ads, but what businesses have BTC to spend?

They could incorporate Bitcoin as a way to send money to your friends on facebook

[bitkanu]

IF YOU GUYS WANT TO PAY FOR ADVERTING ADS ON FACEBOOK THEN YOU CAN ONLY USE THESE CURRENCIES AS A PAYMENT

Which currencies are accepted for Facebook ads?

We're currently able to accept the following currencies as payment for Facebook ads:

    Argentine Peso (ARS)
    Australian Dollars (AUD)
    Bolivian Boliviano (BOB)
    British Pound (GBP)
    Brazilian Real (BRL)
    Canadian Dollars (CAD)
    Chilean Peso (CLP)
    Colombian Peso (COP)
    Costa Rican Colon (CRC)
    Czech Republic Koruna (CZK)
    Danish Krone (DKK)
    Euro (EUR)
    Guatemalan Quetzal (GTQ)
    Honduran Lempira (HNL)
    Hong Kong Dollar (HKD)
    Hungarian Forint (HUF)
    Icelandic Krona (ISK)
    Indian Rupee (INR)
    Israeli New Shekel (ILS)
    Japanese Yen (JPY)
    Macanese Pataca (MOP)
    Malaysian Ringgit (MYR)
    Mexican Peso (MXN)
    New Taiwan Dollar (TWD)
    New Zealand Dollar (NZD)
    Nicaraguan Cordoba (NIO)
    Norwegian Krone (NOK)
    Paraguayan Guarani (PYG)
    Peruvian Nuevo Sol (PEN)
    Philippine Peso (PHP)
    Polish Zloty (PLN)
    Qatari Rials (QAR)
    Romanian Leu (RON)
    Russian Rouble (RUB)
    Saudi Riyal (SAR)
    Singapore Dollar (SGD)
    South African Rand (ZAR)
    South Korean Won (KRW)
    Swedish Krona (SEK)
    Swiss Fanc (CHF)
    Thai Baht (THB)
    Turkish Lira (TRY)
    UAE Dirham (AED)
    Uruguay Peso (UYU)
    US Dollars (USD)
    Venezuelan Bolivar (VEF)