Author Topic: Accepting crypto currency as donation (Read 4385 times)

Nurse Pinkamena · « **on:** May 14, 2014, 07:58:46 am »

I mine dogecoin all day it would be cool for that to be able to use as a saxton hell donation, keys can be accpeted as a donation i don't see why dogecoin or other crypto currency can't be accpted.
http://dogecoin.com/
http://www.reddit.com/r/dogecoin
http://dogecointousd.com/
https://www.dogeapi.com/
https://bitcoin.org/en/

VoiDeD · « **Reply #1 on:** May 14, 2014, 08:21:40 am »

Well unless you've got like 11k DOGE sitting around...

The problem with crypto currencies is that we don't, and likely won't, have any automated payment systems based around them. I feel that they're simply not mature enough for handling payments.

Following that, I'd probably accept manual donations in cryptos if it was in a currency that is actually fairly liquid, such as BTC. I wouldn't want to go through the trouble of first trading DOGE to BTC and then selling the BTC to finally get USD.

Nurse Pinkamena · « **Reply #2 on:** May 14, 2014, 08:25:44 am »

Quote from: VoiDeD on May 14, 2014, 08:21:40 am

Well unless you've got like 11k DOGE sitting around...

Auctally i do have 6k sitting around and could have 11k in a few days and i could convert that BTC. About the auto payments i don't think they would work any way beacuse depending i could have the BTC or not and yeah auto payments can get interesting