I have seem some indy sp advertise thst they accept bitcoin as payment for booking session..is their advantage paying in bitcoin? Does your payment go untraced if you pay in bitcoin?
is any advantage paying sp session in bitcoin?
- Thread starter coolmanfever
- Start date
Yes, no more so than cash, of course, but its certainly much better than a standard e-transfer in that regard...
Not to mention when bitcoin crashes and they're worth pennies, it will be like you had a free session.
That would depend on what the price was when you bought the bitcoins, wouldn't it?
It depends how you buy your bitcoin, bitcoin has a public ledger.
Almost all cryptocurrency brokers in Canada require ID, thus your ID will be tied to a bitcoin wallet ID from a particular broker, and if the SP opens an account with her bank information tied to it, it could be worse than cash.
Not really, when they're were nothing (and that's where this will end up) getting a session for something that's going to be worth nothing is still like getting a free session.
No. You pay what you pay for them when you buy them. Unless you bought when they were low and they have gone up, THEN it might be like getting a free session. But you have it totally backwards.
so why can't this cunt retrieve his password?
Man who can't remember Bitcoin password says he's 'made peace' with $220M loss
Stefan Thomas says he long ago "made peace" with the reality he may never gain access to his $220 million bitcoin fortune.
abc7chicago.com
no...you do...lol. If bitcoin is worth nothing next week, and use them to pay for a session this week, it's kind of like getting a freebee because you got (insert SP rate here) for something that's now going to be worth nothing.
I'd just avoid those brokers. I get my bitcoin from Shakepay, and they didn't require any ID....
No, YOU would still be out the same money as YOU spent on the bitcoins to begin with. You wouldn't be gaining anything. The sex worker however, would be down.
They still know who you are and can tie your spending habits to you.
Why do I have to verify my identity? | Shakepay Help Center
Why does Shakepay ask for documents?
He would have used his own bitcoin wallet, that he made himself.so why can't this cunt retrieve his password?
.Man who can't remember Bitcoin password says he's 'made peace' with $220M loss
Stefan Thomas says he long ago "made peace" with the reality he may never gain access to his $220 million bitcoin fortune.
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Cryptocurrency Wallet: What It Is, How It Works, Types, Security
A cryptocurrency wallet is a software program that stores your cryptocurrency keys and lets you access your coins. Discover how crypto wallets work.
How did he get money in it?
Currently bitcoin ATMs exist that don't require ID but higher fees. I believe there was a time where you could buy coins without ID in its earlier days, before government adapted to this new technology.
7 Best Ways To Buy Bitcoin Without ID (How To Buy Bitcoin Anonymously)
Learn how to buy bitcoins anonymously without using an ID. You can buy Bitcoin without ID and without verification using one of these websites.
coinsutra.com
I guess
It's a matter of semantics I guess. What I'm saying is, bitcoin is worth nothing, so anything you get for it is like trading nothing for something regardless of how much you originally paid for it. I understand you may have paid a certain amount of money for it, but that money is gone and now you have this bitcoin that you need to get a return on. The you money you spent on bitcoin is irrelevant at this point because it's gone. Got it?
Joe Bidens Treasury Secretary Janet Yellen suggested to lawmakers the other day that cryptocurrencies be "curtailed" over her concerns they're mainly used for illegal activities.
news.bitcoin.com
Janet Yellen Reveals Plans for Bitcoin — Sees Cryptocurrencies Used Mainly for Illicit Financing – Regulation Bitcoin News
Janet Yellen, Joe Biden's pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use needs to be curtailed.
