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[–] 18andover 1 points 21 points (+22|-1) ago 

coinbase

[–] [deleted] 0 points 5 points (+5|-0) ago 

[Deleted]

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[–] pandabill 1 points 4 points (+5|-1) ago  (edited ago)

I'm also a little gun shy on the whole bitcoin thing after so many places were hacked or just closed up shop.

Don't believe the negative press the establishment puts out. Bitcoin is safe. Much safer than fiat.

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[–] BlurryScreen 1 points -1 points (+0|-1) ago  (edited ago)

Bitcoin itself is pretty safe and allows for many uses, the problem is mainly where you have to deal with companies that had built shop in trading bitcoin that has been where most if not all the negative news about bitcoin is coming from.

There is a reason bitcoin is used by the deepweb for ahem a "various diversity" of "services and products" and large organizations that aren't favored by governments and corporations like wikileaks, piratebay. Many services accept bitcoin which gives some validity to using bitcoin.

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[–] 18andover 1 points -1 points (+0|-1) ago 

Definitely. If you want to pay somebody though, it's pretty easy to get them to signup to coinbase to accept your payment, if you tell them that is the only way you can/will pay. If they want that money bad enough, they'll deal with the minor inconvenience of creating an account and converting the money etc.

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[–] DrDoctor13 [S] 0 points 0 points (+0|-0) ago 

I've considered investing in Bitcoin. Is it worth mining, or should I just buy some and hold on to it?

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[–] revofire 0 points 0 points (+0|-0) ago  (edited ago)

I'm not so sure since Bit coin is still a bit volatile at times. It is your best bet out of them all though. Never invest in alt coins that don't have any real base, it's almost always a scam.

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[–] lbruiser 0 points 0 points (+0|-0) ago 

worth mining

If you were not already invested with some serious equipment, now is to late. You can see about getting involved with other crypto-currancies (like dogecoin and litecoin), but you have to get into them early on and you will only make money if it because popular enough to convert into other currencies. I could fork bitcoin into voatcoin, but if nobody uses/accepts it I wont make any money.

buy some and hold on to it?

You can. Do the whole buy low, sell high thing. I've read that people made some good money that way. Personally I want to use BTC as a way to process money over the Internet, rather that to make a profit off of it. Essentially my PayPal replacement.

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[–] 18andover 1 points -1 points (+0|-1) ago 

I have no experience with mining. Buying and holding is my strategy.

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[–] DarthYoda 0 points 11 points (+11|-0) ago 

I don't think it's very similar but bitcoin is a real alternative. in its current state it is not fit for most people but downloading an app that handles pretty much everything is the best way to go instead of a centralized exchange like coinbase

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[–] TheRedditExodus 0 points 1 points (+1|-0) ago 

Can you recommend an app that gives you a wallet that you can buy and sell through directly?

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[–] buttonpincher 0 points 3 points (+3|-0) ago 

If you want to transfer from your bank account into Bitcoin, you can use Circle or Coinbase. They both make you go through somewhat intrusive verification steps to comply with regulations, though. Once you have Bitcoin, store it in a proper wallet that keeps control of private keys, such as Mycelium or Breadwallet.

This is a good place to get started.

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[–] averagekitteh 1 points 11 points (+12|-1) ago 

Google Wallet. I really hope it spreads even further as there is no service here in Australia.

Knowing Google they would curbstomp Paypal and merchants would rush to join the ElGoog

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[–] zippo 0 points 25 points (+25|-0) ago 

There's this phrase in my language that describes moving from PayPal to Google pretty accurately I think - "z deště pod okap", meaning you're going "from the rain, under the trough". I've also heard something like "z rakve do urny" - "from a coffin, into an urn".

Google is the devil; don't give them your money.

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[–] revofire 0 points 8 points (+8|-0) ago 

This. From one hell to the next. I'm trying to climb out, not go deeper.

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[–] superwookee 0 points 5 points (+5|-0) ago 

Here we say out of the frying pan into the fire.

And I agree. We need crypto currency to actually take off.

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[–] Rhaelle 1 points 5 points (+6|-1) ago 

Why is Google evil?

[–] [deleted] 0 points 2 points (+2|-0) ago  (edited ago)

[Deleted]

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[–] lawofchaos 0 points 8 points (+8|-0) ago  (edited ago)

Personally I would rather support PayPal then give Google any more reach over modern life then they already do. Not because they're necessarily evil right now but because that's a dangerous kind of power for any one person or corporation to wield.

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[–] SandorClegane 0 points 3 points (+3|-0) ago  (edited ago)

Having dealt with their sorry automated excuse for customer service more than a few times, I can say they are already definitively evil. In fact I'd say they are more evil, because while paypal will steal your money, google is petty as shit and will steal your email account. Even if you'd had it since 2007 and had no infractions nor warning.

Also I don't have a cell so I never put two-step on, yet they appear to have automatically done so because rather than my simple security questions it tries to send a TEXT message to a frickin' landline and no human that I actually got in touch with had authorisation to change it. I think I'd have to shoot myself and send them a death certificate to get that taken off.

Their 'account reset' form if you put two-step but CAN'T answer wants not only the security questions BUT a huge bundle of random contacts and the EXACT DATE of your joining. How the fug am I supposed to remember something like that? It's not a goddamn wedding! (or maybe, since they sell your data, they do view it as a marriage...) No to google, always.

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[–] Existentialist_ 0 points 1 points (+1|-0) ago 

At least they do some cool stuff with their money (I'm mostly talking about GoogleX). As far as I'm aware, PayPal is just for-profit.

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[–] 3Z 0 points 5 points (+5|-0) ago  (edited ago)

Oh snap, this has been a longstanding debate in places (besides eBay) where I've sold stuff online. Bricklink users never really liked PP, but it has been the de facto payment platform for its ubiquity. It tends to be difficult for me to make accounts with companies like PayPal, but some options I have heard of but never used include

  • Dwolla

  • Cheques (groan)

  • Paymate.com

  • Popmoney.com

  • Amazon payment services

of course there's Bitcoin as well. I'm partial to Bitcoin.

[–] [deleted] 0 points 2 points (+2|-0) ago 

[Deleted]

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[–] webgurl 0 points 1 points (+1|-0) ago 

Skrill would probably be good, because it's an international platform.

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[–] 3Z 0 points 0 points (+0|-0) ago 

sure, it's another thing I've heard about, but I'm not familiar with it.

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[–] Ciscogeek 0 points 2 points (+2|-0) ago 

Stripe

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[–] webgurl 0 points 0 points (+0|-0) ago 

Yay for Stripe!

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[–] DoctorG 0 points 2 points (+2|-0) ago 

Surprised no-one has said this, but Skrill. I have never used it, but I used to own a gameserver and multiple people say they would donate if i used Skrill. https://www.skrill.com/en/home/

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[–] Xtrq 0 points 1 points (+1|-0) ago 

Does Voat have the resources to sue Paypal? SeekingArrangement, a hookup site for sugarbabies and financially well-endowed older men, sued and persuaded Paypal to stop playing Puritan commerce-cop and accept SeekingArrangement's trade. See this article: >

... PayPal, faced with a lawsuit, is dropping its refusal to process payments on SeekingArrangement... the discreet payment option (may) become available this summer.

The Economist, June 20, 2015, pp. 32-33

It's about time Paypal learned to do business with people whom it does not like.

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[–] hahanobutreally 1 points 1 points (+2|-1) ago 

If you're moving to anything other than cryptocurrency, you're going to be subject to the same evils that came with PayPal.

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