[Rq. for comments] Bitcoin as possible payment and/or withdrawal method
Alexander P. 8 posts - Russia - Joined Jan 20 2013
I'd like to discuss a need and a possibility of adding Bitcoin (BTC) as payment and/or withdrawal method on oDesk.
While there are understandable troubles for setting these methods, there are also very clear reasons to make them available:
- Bitcoin is fast. Payments done in BTC do not require 6-day security period. At largest there would be approx. 1-hour delay on deposit from client and 1-hour delay on withdrawal to contractor.
- Bitcoin is cheap. There would be no more 3-5% PayPal's fee, how-many-percent? Payoneer's fee, local banks'
burglarious conversion rates for those of us who live outside of US. Just oDesk's fee plus 0.0005 BTC transaction fee at max.
- Bitcoin is convenient. It's much faster and cheaper (again) to get domestic cash money when paid in bitcoins, than to try to withdraw money from PayPal to non-US bank account.
- And last but not least, bitcoin is secure. Nuff said here, you all know that.
As I see it, BTC payments should be an option, and both client and contractor should agree on using it (just to put currency volatility questions off of oDesk).
If you ask me: "Do you want as freelancer to get payments in bitcoins?", I will answer: "I'd LOVE it. That's why I am writing this".
That's all. If you have somewhat to tell, please do it
P.S. Excuse my English please, I'm not a native speaker.
Score: 9.1, Votes: 29