Fiverr accepts bitcoins

jacky8

jacky8

New member
Mar 16, 2008
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Got this email

I think elance, odesk, freelancer are next in line. 2014 will be big for bitcoin

Starting today, you can purchase Gigs® on Fiverr® with Bitcoin!
Bitcoin represents the latest innovation in commerce, and we are excited to enable our community to take advantage of it.
To make this happen, Fiverr has partnered with Coinbase, a popular Bitcoin wallet, to give you the option of paying for Gigs with Bitcoins.
Click to expand...
 


Fiver loves their trademark symbols.
Starting® today®, you® can® purchase® Gigs® on® Fiverr® with® Bitcoin!®
Bitcoin® represents® the® latest® innovation® in® commerce®, and® we® are® excited® to® enable® our® community® to® take® advantage® of® it®.
To® make® this® happen®, Fiverr® has® partnered® with® Coinbase®, a® popular® Bitcoin® wallet®, to® give® you® the® option® of® paying® for® Gigs® with® Bitcoins®.
Click to expand...
 
I can't really see how odesk, elance or any of those sites will be big news for bitcoin given the numbers in the real world, but I guess it's always worth another thread. ;)
 
lukep said:
Somebody wake me when Fiverr pays its providers in bitcoin. That'll make things a bit more interesting.
Click to expand...

Lol this would definitely be something to watch.

So many risks but so many rewards as well.

Could someone a little more educated on the matter go into depth
with the pro's and con's with Fiverr eventually if ever paying in bitcoin?
 
Supraman said:
Could someone a little more educated on the matter go into depth
with the pro's and con's with Fiverr eventually if ever paying in bitcoin?
Click to expand...
There are three small Cons that I can see:

1.) Having to educate users on using bitcoin... But there are tons of these how-to videos so I think they'll be fine without much work here. A few videos in the FAQs section should be fine.

2.) Depending on how their accounting department is set up right now, they might not be set up to tally two separate currencies. It may be that their accounting department does all number crunching in USD so even if they are paying out in rupees, the accounting work is done in dollars as dollars flow through their system in-house. That might be too difficult an adjustment for them to accept btc, have it flow through in btc, and paid to their workers in btc. Quicken however allows for this now so it's all about what kind of software they're locked into.

3.) Taxes are already complicated, having to get a bitcoin-knoledgeable tax accountant may scare them too.


The Pros are more than worth it by far. I am not even going to try to list everything I can think of, but the general categories are:

  1. Far lower merchant fees.
  2. No international boundaries nor extra fees.
  3. Attracting thousands of new bitcoin-loving workers and buyers.
  4. Faster payout processing times. (No more paypal holding it for no reason)
  5. Fewer payment disputes. (You can see who got what on the blockchain)

The fees are obviously the largest draw, but if they went to all bitcoin payments one day, they wouldn't need such a large payments staff because no middleman needs to be dealt with. No holding for paypal account reps, no tracking down why payments are still in queue 2 weeks later, no worrying that some government rule change makes it impossible to pay your Pakistani workers what they already earned... It all just works.



Anyone got Fillipino workers? Check out the rates & ease of Fillipino bitcoin remittances now offered at Rebit.ph.

Story about them: Philippines Startups Aim to Fulfil Bitcoin's Remittance Promise

For a country where 10% of the population is working in other countries and sending money back home, this should catch on like wildfire.


Right now I'd say the first 3 major countries that are going to* adopt bitcoin to an everyday-user level will be:

1. The Ukraine (They already have 5,000+ bitcoin atms there now)
2. The Phillipines (Remittances are a nationwide curse)
3. Kenya (M-Pesa is used as cellphone money there by the majority of the population now... But BitPesa's rates are far better plus allow for remittances.)

Those three parts of the world won't know what hit them... This time next year they're going to laugh about how behind americans have gotten.



*=Assuming no political situation in countries like Japan or Argentina doesn't advance into hyperinflation first.
 
Old thread... even Expedia and Newegg accept bitcoin now.

[ame="http://www.youtube.com/watch?v=x11NA63gLDM"]Eric Clapton - Change The World - YouTube[/ame]
 
lukep said:
There are three small Cons that I can see:

1.) Having to educate users on using bitcoin... But there are tons of these how-to videos so I think they'll be fine without much work here. A few videos in the FAQs section should be fine.

2.) Depending on how their accounting department is set up right now, they might not be set up to tally two separate currencies. It may be that their accounting department does all number crunching in USD so even if they are paying out in rupees, the accounting work is done in dollars as dollars flow through their system in-house. That might be too difficult an adjustment for them to accept btc, have it flow through in btc, and paid to their workers in btc. Quicken however allows for this now so it's all about what kind of software they're locked into.

3.) Taxes are already complicated, having to get a bitcoin-knoledgeable tax accountant may scare them too.


The Pros are more than worth it by far. I am not even going to try to list everything I can think of, but the general categories are:

  1. Far lower merchant fees.
  2. No international boundaries nor extra fees.
  3. Attracting thousands of new bitcoin-loving workers and buyers.
  4. Faster payout processing times. (No more paypal holding it for no reason)
  5. Fewer payment disputes. (You can see who got what on the blockchain)

The fees are obviously the largest draw, but if they went to all bitcoin payments one day, they wouldn't need such a large payments staff because no middleman needs to be dealt with. No holding for paypal account reps, no tracking down why payments are still in queue 2 weeks later, no worrying that some government rule change makes it impossible to pay your Pakistani workers what they already earned... It all just works.



Anyone got Fillipino workers? Check out the rates & ease of Fillipino bitcoin remittances now offered at Rebit.ph.

Story about them: Philippines Startups Aim to Fulfil Bitcoin's Remittance Promise

For a country where 10% of the population is working in other countries and sending money back home, this should catch on like wildfire.


Right now I'd say the first 3 major countries that are going to* adopt bitcoin to an everyday-user level will be:

1. The Ukraine (They already have 5,000+ bitcoin atms there now)
2. The Phillipines (Remittances are a nationwide curse)
3. Kenya (M-Pesa is used as cellphone money there by the majority of the population now... But BitPesa's rates are far better plus allow for remittances.)

Those three parts of the world won't know what hit them... This time next year they're going to laugh about how behind americans have gotten.



*=Assuming no political situation in countries like Japan or Argentina doesn't advance into hyperinflation first.
Click to expand...

I'm so anxious for the bitcoin evolution.

Thank you lukep for the response, very valid points.

I'm eager to buy some BTC's and hold on to them.

Kiopa_Matt said:
Old thread... even Expedia and Newegg accept bitcoin now.

Eric Clapton - Change The World - YouTube
Click to expand...

Sorry didn't pay attention to the date, hehe.
 
Culture vs. Capitalism is the greatest war humanity has ever seen.

And the wounds are so very beautiful.
 
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