Player Features and Ideas Discussion

Replying to a stealth "nerf the terminator" post.

The first couple people on the ground floor are basically living off of their profits for having faith in a new system. They are responsible for not dumping all their coins and crashing the value which I really appreciate. They respect the system that made them rich, and they do not want to destroy it because they believed in bitcoin since day 1.

Bitcoin doesn't rest on continued inflation, I'm saying that the inflation is controlled. Bitcoin has a static output of new currency being 'printed' that's very moderate and stable, whereas the Weimar Republic sort of just printed as much as they could because they were in massive war debts and having political issues with communism.

The value of bitcoin as always rests on the willingness for people to use it as a method of trade, which is the case for any currency whether it be gold and silver, or a fake currency like Dollars or Rubles.

Gold maintains value because there is a finite amount of it in the world. The same goes for bitcoin. There will be no more bitcoins produced somewhere around 2045. There also will be an end to gold mining, because eventually we will not be able to mine any gold.

This is not true for establishment currency, where they can print off as many dollars as quickly as they want whenever they want which pretty much makes the actual value of the currency null, and we only assign it a value when it's true value is nonexistant.

Except when the bank is hacked & my money is stolen it gets replaced by the bank, whereas if your buttcoins are stolen they're gone.

As for the topic in question, CCP should definitely add Bitcoin as a payment option. It's a perfect match. There are plenty of Bitcoin aware players in Eve and it's a superior payment method, so why not? It's likely also cheaper for CCP than the current alternatives.

Not really.

Your bank for sure is insured by another bank etc for the real amount they have, however if they go pouf like Leman&Brothers you can ask all of those who lost all their life work what do they think about what you just said.

Your bank, will not reimburse you whatever penny if they're bankrupt, no insurance on planet earth will reimburse you the money or stocks your bank kept before going bankrupt, your government it self will never replace or make so you'll get any of said lost "money" or value.
All you're left when your bank goes bankrupt is your eyes and wet feeling of your tears flowing down your jaw while those who spend all their life making you believe you were a winner by trusting them will most probably be laughing drinking nice cocktails at the swimming pool with the nice looking blonde they just got with your money.

Guys real IRL banks are totally bad and dumb now let me tell you about bitcoin exchanges that are routinely "hacked" or have their assets seized.

The government is incapable of regulating itself or indeed any markets, if they were capable the 1% wouldn't have so much wealth, by skimming it of the backs of hard working people. If the government had any regulatory power at all none of our banks would have been allowed to wind up on corporate welfare. Bitcoin is an independent currency and not the domain of any one governmen, so who would do the regulating? It belongs to everyone who participates in it regardless of nationality. It pisses of the banks which is why the government don't like it. Because we all know whose really in charge and it isnt one of our heads of state.

Is this because you can't use bots in game to farm isk to pay your account? so you'd like to use bots outside of game to farm bitcoins to pay your account?

Terrible idea...

I don't understand the first sentence at all. Please clarify what you mean.

Adding Bitcoin as an alternative payment method is a good idea because CCP can make more money that way, and keep players happier. Plain and simple.

Paying for anything online with a credit/debit card nowadays is absolutely ridiculous. It's an ancient and horrible payment method. Have you actually tried paying for stuff with Bitcoin? It's so much easier.

This is not just about Bitcoin being superior currency to the national alternatives, it's also a more convenient online payment method. On top of this it's actually cheaper for CCP to accept bitcoins for subs than to accept credit card payments for subs, which means they would make more money per sub.

Not only this, the marketing boost would be insane. The Bitcoin community (which is over 1 million strong nowadays) would be all over this. It would be in news everywhere if Eve subs could be payed with Bitcoin. Leading again to more subs.

So, overall CCP has nothing to lose by doing this and is plain and simple losing money by not doing it.

What we need is a plague that wipes out idiots from the face of the earth.

Blaming Bitcoin for its black market use is the same as blaming the dollar for all the numerous illegal activities done with them. It's not bitcoins or dollars doing those things, it's people.

Based on global studies approximately 20% of global economic activity is in the shadow economy. It ranges from 10% in the least shadowy countries to 50% in more shadowy countries. The level of corruption in a country partially determines this as well.

The Bitcoin economy does not, by any means, have a higher percentage of shadowy activity than the real world. There is nothing backing that claim up.

In addition, I have not seen any Bitcoin accepting service (the largest being WordPress, Reddit, Namecheap, Humble Bundle) getting bad press from accepting Bitcoin. On the contrary, they have got a significant amount of positive publicity. In Reddit approximately 3% of Reddit Gold subs are payed with Bitcoin right now.