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  1. #1
    econfox is offline Private Member
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    Default Still Like Crypto Payments

    Bitcoin and other coins are down significantly over the last year. If you had a choice would you still want to get paid in BTC, a stable coin or would you like to go back to the old payment system and get paid in a currency?

    I would like to go back to getting paid in a currency / wire again. This option isn't available now with the affiliates I work with. Watching BTC drop 15+% after getting paid is a bitch.

  2. #2
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    Default

    If I had a choice, I would still want to continue getting paid in Bitcoin and that's for sure.

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  4. #3
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    Agree, now this is the most convenient payment method in my opinion

  5. #4
    KOHEI MATSUDA is offline Brand New Member
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    Default

    I agree.

  6. #5
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    Default

    I usually change instantly so doesnt make much of a difference, many are moving over to usdt now anyhow


  7. #6
    casinobonusguy is offline Private Member
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  8. #7
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    CasinosBroker is offline Public Member
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    Quote Originally Posted by casinobonusguy View Post
    I would rather a bank wire paid to my business account any day of the week.
    I can't agree more.
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  10. #8
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    Default

    So you would rather NOT own your own money but allow the bank to own it. Cause make no mistake your bank account and the money in your bank are NOT yours by any means. And if god forbid your bank goes down tomorrow, there's no way you can move your funds in any shape or form.

    Having your stable coin sit in your cold storage wallet does give you the benefit if you were an FTX user (going bankrupt for those unaware), to simply get a Coinbase/Kraken/Binance/InsertTheName account, move the funds there and cashout. That's what true ownership gives you.

    "But yeah my bank will never go under" - even so, still doesn't change the fact that you do not own your own money and the bank does.

    I'd like to still get paid in stable coin, avoid useless fees, have a true ownership of the funds and decide where and when to cashout. I'm willing to go through the minor inconvenience of pushing a few buttons on my Ledger.

  11. #9
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    sure banks are allowed to lend out, 70% of funds.. as long as there is never a global crisis you're good.. when to crisis ever happen? War, Epidemics, corruption etc.


  12. #10
    casinobonusguy is offline Private Member
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    I live in Canada ,banks like BMO (Bank of Montreal )and Scotiabank have paid dividends since 1833 and never missed a dividend payment so yes I would like my money in the bank and all my money is in the bank in my country of Canada. I pay all taxes on Bitcoin ,it is a pain in the ass to do double the transactions of receiving bitcoin then the exchange and withdraw process. I have a legacy plan in place for my corporation so have help from people that know who pays us ,how they pay us ,where the money is from point A to Point B. It is more invasive to me having to use bitcoin than just having a company send our business a bank wire. In fact we do more business with people who will pay us a bank wire just for that fact.

  13. #11
    GamingPro is offline Public Member
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    THere was a time i would get Fedx and DHL envelopes with cash in them. Would love to go back to those times.

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  15. #12
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    Kind too dramatic don't you think ... example: I do not own/keep any money. Lets say not more than 10k in an emergency fund and the usual amounts of money you need to pay the bills. I understand why majority of affiliates prefer crypto.

    Bloody, criminal tax fraud in 98 from 100 cases. No accounting, nothing!

    I run several businesses, offline and online.
    And yes, ofc, crypto payments in online gambling affiliation are the absolute perfect situation if you earn €5/6/7k a months and you just need to cash-out money for living. But I need credit lines, several mortgages per year.

    I have suppliers, customers, I need REAL money cashflow in REAL bank accounts.
    Unfortunately, banks who decide if you get mortgage to buy your next rental property, to buy land, usually don't give a f*** on crypto holdings.

    So yes, I would prefer to decide on my own how to receive payments!

    Quote Originally Posted by xecutable View Post
    So you would rather NOT own your own money but allow the bank to own it. Cause make no mistake your bank account and the money in your bank are NOT yours by any means. And if god forbid your bank goes down tomorrow, there's no way you can move your funds in any shape or form.

    Having your stable coin sit in your cold storage wallet does give you the benefit if you were an FTX user (going bankrupt for those unaware), to simply get a Coinbase/Kraken/Binance/InsertTheName account, move the funds there and cashout. That's what true ownership gives you.

    "But yeah my bank will never go under" - even so, still doesn't change the fact that you do not own your own money and the bank does.

    I'd like to still get paid in stable coin, avoid useless fees, have a true ownership of the funds and decide where and when to cashout. I'm willing to go through the minor inconvenience of pushing a few buttons on my Ledger.

  16. #13
    xecutable's Avatar
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    Of course it's your money and it's your decision. Was just stating the obvious that we do not own our own money. I am not sure how 1 extra step, stops you guys from having your money. Just give a CEX address of whatever stable coin you are getting. Once the money are there, withdraw instantly to your bank account, done? Now it's a matter whether the bank likes transfers from CEXes.

    Mine for example does not, so I have another online account I have to move them to first, and only then to the main account.

  17. #14
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    It is the best time now to get BTC or some other shtcoins.

    Comparing it with wires is pointless. You are getting crypto, because you can not get wires, because such are the rules in 2022. It is like being Russia and bragging that you can not get wires. You can not, boomer, period.

    And in future you will get it even less likely, unless you are selling strawberries to your neighbor granpa and even that is not certain.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

  18. #15
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    Hello guys,

    Cryptocurrencies, and specifically bitcoin, are beginning to occupy a larger and larger part of our lives. The functionality that cryptocurrencies give us for fast and unlimited from to amount transfers has no competition compared to traditional fiat payments. Cryptocurrencies will survive and change the financial culture of the entire world.

    Regards

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