this post was submitted on 01 Jun 2025
742 points (97.9% liked)

Technology

70994 readers
3310 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] PieMePlenty@lemmy.world 4 points 6 days ago (2 children)

I thought your point was it was never happening? I provided examples where it did happen in the past and where its happening now. Volatility of the price vs USD is not the biggest issue if the payment processor gives the vendor USD back after the transaction. If the vendor believes in crypto, they can decide to keep it as well. Had Valve chosen to hold their crypto earnings in 2016 for a few years, they'd have seen even larger profits. But thats beside the point. I personally believe they canned it more because of transaction fees. At the time, bitcoin network was oversaturated due to an explosion of popularity which reduced it to unusable levels for everyday transactions.

You should be focusing on why other vendors are still supporting crypto and asking yourself why.

[–] Honytawk@feddit.nl 1 points 5 days ago

Never happening doesn't mean they don't try.

[–] Rekorse@sh.itjust.works 1 points 6 days ago* (last edited 6 days ago)

Fees are predictable. Volatility is not. If you can't make sure the money you are paid retains its value then the price you are selling something for is also volatile rather than inert.