ProZ.com Translation Forums

Poll: Do you accept Bitcoin and other cryptocurrencies as payment? | Would consider it

Patrice — Fri, 01 Dec 2017 23:38:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: Patrice
Post title: Would consider it

This type of payment hasn't been offered to me, but I would accept it.

Poll: Do you accept Bitcoin and other cryptocurrencies as payment? | No,

Vanda Nissen — Fri, 01 Dec 2017 20:45:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: Vanda Nissen
Post title: No,

... and not intending in the nearest future. I have bank accounts in Europe, Australia, and Paypal. Plenty of options to choose from.

Poll: Do you accept Bitcoin and other cryptocurrencies as payment? | Bitcoin and their ilk

Mario Chavez (X) — Fri, 01 Dec 2017 18:29:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: Mario Chavez (X)
Post title: Bitcoin and their ilk

I know a thing or two about bitcoin from what I''ve read in the press. However, since the current banking system doesn't accept cryptocurrencies, I don't.

Gimme euros or dollars, no bitcoins.

:D

Poll: Do you accept Bitcoin and other cryptocurrencies as payment? | Never been offered

Claudio Machado Junior — Fri, 01 Dec 2017 11:06:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: Claudio Machado Junior
Post title: Never been offered

I have never been offered. Is this becoming a common practice?

Perhaps I would accept a small portion for a random job... but I believe that we still need real money to cover our daily costs, right? ;)

Poll: Do you accept Bitcoin and other cryptocurrencies as payment? | No way

Kay Denney — Fri, 01 Dec 2017 10:47:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: Kay Denney
Post title: No way

Given that I read about several million dollars worth just disappearing the other day because of a tech glitch, I'm not willing to consider it.

[url removed]

Poll: Do you accept Bitcoin and other cryptocurrencies as payment? | No

Maria Teresa Borges de Almeida — Fri, 01 Dec 2017 10:32:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: Maria Teresa Borges de Almeida
Post title: No

I haven’t been asked yet. In any case, I only accept bank transfers in EUR (I had a bank account in USD but as most of my customers are in Europe I closed it some time ago).

Poll: Do you accept Bitcoin and other cryptocurrencies as payment? | No yet

Concepción Martín — Fri, 01 Dec 2017 10:21:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: Concepción Martín
Post title: No yet

It is on my schedule, but I have been so busy that I have not time to deep in the subject...

Poll: Do you accept Bitcoin and other cryptocurrencies as payment? | No

Yetta Jensen Bogarde — Fri, 01 Dec 2017 10:18:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: Yetta Jensen Bogarde
Post title: No

And I was never asked about that.

However, one of my UK clients just 'updated' their payment procedures and sent me a link yesterday (when my invoice was due) with a form to fill in for verification of my identity, which irritated me greatly, because I have done several jobs for them and we have been corresponding via my same email address all the time.

But, what the heck (is that how you spell that?), I did it until at the end they asked me to upload a scanned copy of my driver's licence, passport or other document with a photo.

I just sent my photo :-)

Of course I got the answer from a 'Payee Identification Service' that a photo was not enough, they need the whole document.

I told them that they have my bank details, my PayPal details and my web site address, all that should be enough to pay my invoice. And that I am not going to send them copy of my private documents.

I am sure they won't accept that, but fortunately my invoice was very small this time, so I am going to fire that client and forget about the money.
Enough is enough.

Poll: Do you accept Bitcoin and other cryptocurrencies as payment? | Sure, but I've never had a client who was interested

Daniel Erlich — Fri, 01 Dec 2017 09:39:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: Daniel Erlich
Post title: Sure, but I've never had a client who was interested

I actually have a little bit of Bitcoin, and I've used it before when traveling.

I don't live in the US or Europe, so when I travel, I need to first use my local currency to buy USD, and then when I get to my destination I need to use that USD to buy local currency. It doesn't mean I "hold a position" in USD for very long, just a few days. Bitcoin has, on occasion, replaced USD in that role, and it's been great. I don't expect to stumble upon places that accept it, but there are groups online with lists of places that do. I once found a taxi driver that accepted it, and so I got him to pick us up from the airport, which was very nice as it meant we didn't have to buy Pesos at the airport's exorbitant exchange rates, but could do so calmly after getting to the hotel.

But the question asked about working for clients, and not about using it in general. To get back on topic: I usually mention to international clients that I accept Bitcoin, but to date they have always been worried about fiscal matters and have preferred to use PayPal or SWIFT instead. Aand I don't blame them! Using it to pay your household bills (e.g., in Germany/Japan/Australia) is one thing, but as a small business, using it to pay a service provider in another country? How do you even declare that on your bookkeeping?

neilmac (and others with similar concerns), I find that it helps if you think of Bitcoin as if it were physical gold: you wouldn't, today, in 2017, pay your landlord with physical gold. You'd find a gold trader and exchange it for your local currency, right? You can do that with Bitcoin.

[Edited at 2017-12-01 09:51 GMT]

Poll: Do you accept Bitcoin and other cryptocurrencies as payment? | No

neilmac — Fri, 01 Dec 2017 08:53:00 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: neilmac
Post title: No

And I'm usually too busy working to even research what these things are and what the ins and outs of using them would be. I doubt very much that I would be able to pay my landlord, mechanic, dentist or Hacienda with these things anyway... :)

In fact, now that I think about it, I recently discovered that I don't even know what "money" is. I started looking at the definition of it for a translation a month or two ago, and couldn't get to the end of that TLDR text either. Utterly baffling... I'm surprised that the system works at all.

[Edited at 2017-12-01 08:55 GMT]

Coincidentally, there's an article in the Guardian about crypto-currency today:
[url removed]

[Edited at 2017-12-01 09:03 GMT]

Poll: Do you accept Bitcoin and other cryptocurrencies as payment?

ProZ.com Staff — Fri, 01 Dec 2017 08:10:02 +0000

Forum: Poll Discussion
Topic: Poll: Do you accept Bitcoin and other cryptocurrencies as payment?
Poster: ProZ.com Staff

This forum topic is for the discussion of the poll question "Do you accept Bitcoin and other cryptocurrencies as payment?".

This poll was originally submitted by Andriy Yasharov. View the poll results »