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nonameiguess 7 days ago

It's not in this case. The payment processors were going to drop all support to these platforms if they didn't remove these games. Bitcoin could allow them to keep operating, but at the cost that now all users who want any games at all have to use Bitcoin. Mainstream platforms accepting Bitcoin as an option is fine and great, but few if any are going to want to only accept Bitcoin.

KronisLV 7 days ago | parent | next [-]

> Mainstream platforms accepting Bitcoin as an option is fine and great, but few if any are going to want to only accept Bitcoin.

For all of the talk (hype) about how crypto has the potential to avoid the exact type of meddling and manipulation and pressuring we’re seeing now, it surprises me that no equivalents to PayPal have really popped up - that best that can be done is apparently something along the lines of what Linux was on the desktop a decade or two ago. Basically, before Valve and others picked up the slack and worked on things your average person actually cares about - notably, gaming and simple(r) to use desktop environments and software stores.

Where’s the flagship platform for payments that’s built on crypto but lets you ignore the technical details, that’s trivial to implement as a merchant and is a download away on app stores? If there are a few of those, why would anyone bother with these puritan payment processors?

barbazoo 7 days ago | parent | next [-]

Isn't that what Monero is trying to do? Why can't I pay with Monero at the grocery store? Presumably because some gatekeeper that's in between me and the business has to decide whether it makes financial sense _to them_ whether to add Monero to the exclusive list of supported payment methods.

bornfreddy 7 days ago | parent | prev [-]

There are many actually, some extremely simple to use. The problem is that payers also need to use crypto and many people don't know how, but are instead used to paying with credit cards.

beeflet 7 days ago | parent | prev [-]

Using cryptocurrency would give them leverage in a future negotiation. The goal would not be to replace payments entirely with cryptocurrencies (they are pretty inefficient), but to reduce the monopolistic power of conventional payment processors and strike a better deal.

I would argue it's worth investing infrastructure into it, for the same reason that valve has invested infrastructure into linux to gain leverage over microsoft. Without leverage, negotiations get ugly: see the Epic vs Apple saga.