hokageart Posted July 26, 2020 Share Posted July 26, 2020 I feel crypto currency should be inducted in the fiverr withdrawal methods as it’s been accept by most of the countries now, and some countries (third world countries) don’t have paypal, payoneer and then they use third parties to withdraw there funds and still get charged on it. Won’t this be a better way to just withdraw it straight to your wallet? 4 Link to comment Share on other sites More sharing options...
mattboa Posted December 26, 2020 Share Posted December 26, 2020 I believe that when bitcoin goes up, a platform like Fiverr that does not allow payment via bitcoin will see a decrease in their revenues. Would it cost much to implement a payment method accepting bitcoin on Fiverr?ThoughtsCryptocurrencies aren’t mainstream or accessible enough yet. Heck, it’s been over a decade of Bitcoin so far and most of the world won’t even be able to have it in their PayPal balance by the end of 2021. It’s the e-ink of finance.I doubt that there’s even been a single person among the millions of buyers in the last year who have also thought “damn, I would’ve really bought this 20$ gig if I could’ve used my crypto wallet”.Not a priority at the moment.Would it cost much to implement a payment method accepting bitcoin on Fiverr?IMO, yes. I can only see Fiverr spending some of their budget to get the right people and technology on board far from now. 12 Link to comment Share on other sites More sharing options...
humanissocial Posted December 26, 2020 Share Posted December 26, 2020 Cryptocurrencies aren’t mainstream or accessible enough yet. Heck, it’s been over a decade of Bitcoin so far and most of the world won’t even be able to have it in their PayPal balance by the end of 2021. It’s the e-ink of finance.I doubt that there’s even been a single person among the millions of buyers in the last year who have also thought “damn, I would’ve really bought this 20$ gig if I could’ve used my crypto wallet”.Not a priority at the moment.Would it cost much to implement a payment method accepting bitcoin on Fiverr?IMO, yes. I can only see Fiverr spending some of their budget to get the right people and technology on board far from now.Cryptocurrency is way too volatile and worth it to harm to risk taking.Also, the transaction fees for it can be pretty high. It’s a lot cheaper to just pay by PayPal or Stripe.“damn, I would’ve really bought this 20$ gig if I could’ve used my crypto walletExactly. And, as you say, eventually people can just put their Bitcoin or whatever into their PayPal and then pay with PayPal if it’s that important to them. 9 1 Link to comment Share on other sites More sharing options...
melrhyinst Posted February 12, 2021 Share Posted February 12, 2021 Seen that cryptocurrencies are moving fast in acceptance , is it not a good idea fiverr should be the first freelence site that accept cryptocurrencies, that will also boast there reach 21 Link to comment Share on other sites More sharing options...
topseykrats Posted February 12, 2021 Share Posted February 12, 2021 Yup, that would bring faster clearing times and filter the fake buyers. Deposited, escrowed, delivered, realeased. 13 Link to comment Share on other sites More sharing options...
melrhyinst Posted February 12, 2021 Share Posted February 12, 2021 Yup, that would bring faster clearing times and filter the fake buyers. Deposited, escrowed, delivered, realeased.Yes I think so too and it will be that fiverr is the first freelence site that accept cryptocurrencies 14 Link to comment Share on other sites More sharing options...
vickiespencer Posted February 12, 2021 Share Posted February 12, 2021 Seen that cryptocurrencies are moving fast in acceptance , is it not a good idea fiverr should be the first freelence site that accept cryptocurrencies, that will also boast there reachthat will also boast there reachFiverr already boasts about their reach. Take their Super Bowl ad for instance. 11 1 Link to comment Share on other sites More sharing options...
melrhyinst Posted February 12, 2021 Share Posted February 12, 2021 that will also boast there reachFiverr already boasts about their reach. Take their Super Bowl ad for instance.Yes that thru but seen that no other freelence have this as there pay to pay pay in method I think it will push more and make others how love crypto transaction will definitely want to get service hear on fiverr 10 1 Link to comment Share on other sites More sharing options...
imagination7413 Posted February 12, 2021 Share Posted February 12, 2021 What about the ones who hate crypto currency? 17 1 Link to comment Share on other sites More sharing options...
vickiespencer Posted February 12, 2021 Share Posted February 12, 2021 When Fiverr first started they did accept cryptocurrency, but it did not work out well so they dropped it. 11 1 Link to comment Share on other sites More sharing options...
donnovan86 Posted February 12, 2021 Share Posted February 12, 2021 I am pretty sure they will not accept crypto for many reasons. The main one is Crypto is highly volatile. Valve for example accepted crypto for a while, then they removed it because it was super volatile. So I can’t see them accepting it here. 11 1 Link to comment Share on other sites More sharing options...
melrhyinst Posted February 12, 2021 Share Posted February 12, 2021 When Fiverr first started they did accept cryptocurrency, but it did not work out well so they dropped it.Yes cos the market was not all round accepted but this time it look like there is a future in crypto 8 Link to comment Share on other sites More sharing options...
melrhyinst Posted February 12, 2021 Share Posted February 12, 2021 I am pretty sure they will not accept crypto for many reasons. The main one is Crypto is highly volatile. Valve for example accepted crypto for a while, then they removed it because it was super volatile. So I can’t see them accepting it here.Even dollar is volatile you know 😉 9 Link to comment Share on other sites More sharing options...
topseykrats Posted February 12, 2021 Share Posted February 12, 2021 A stable crypto like Tether should work. Those who don’t like crypto, use fiat. 10 Link to comment Share on other sites More sharing options...
melrhyinst Posted February 12, 2021 Share Posted February 12, 2021 A stable crypto like Tether should work. Those who don’t like crypto, use fiat.Yes exactly and those using crypto will benefit from it when it goes high in value 9 Link to comment Share on other sites More sharing options...
donnovan86 Posted February 12, 2021 Share Posted February 12, 2021 Even dollar is volatile you know 😉You do realize bitcoin went from 40k to 30k in less than a day. That’s true volatility. Every currency can be volatile, but not like crypto… 11 Link to comment Share on other sites More sharing options...
melrhyinst Posted February 12, 2021 Share Posted February 12, 2021 You do realize bitcoin went from 40k to 30k in less than a day. That’s true volatility. Every currency can be volatile, but not like crypto…Do you realize that that same bitcoin went real quick from 0 to 100 acceleration 😉 don’t be scared bro it is what it is you loss and you gain same with flat (doller) , do you know the value of dollars not same last 10 years 9 Link to comment Share on other sites More sharing options...
topseykrats Posted February 12, 2021 Share Posted February 12, 2021 You do realize bitcoin went from 40k to 30k in less than a day. That’s true volatility. Every currency can be volatile, but not like crypto…Tether is 1 to 1, not all crypto is bitcoin.But with a crypto coin you won’t deal with scammers, it’s quite an issue on freelancing platforms. Just a thought. 8 Link to comment Share on other sites More sharing options...
looseink Posted February 12, 2021 Share Posted February 12, 2021 That’s an interesting thought.I just received my first payment in a cryptocurrency this morning at a non-Fiverr platform I’ve been on for years.I was just thinking that it would be cool if Fiverr were to do the same.Since it is a publicly traded company, why not create a Fiverr cryptocurrency that could only be used here by Buyers for Sellers?It could be a good idea and, has already been noted, would likely clamp down on fraud. 12 Link to comment Share on other sites More sharing options...
melrhyinst Posted February 12, 2021 Share Posted February 12, 2021 That’s an interesting thought.I just received my first payment in a cryptocurrency this morning at a non-Fiverr platform I’ve been on for years.I was just thinking that it would be cool if Fiverr were to do the same.Since it is a publicly traded company, why not create a Fiverr cryptocurrency that could only be used here by Buyers for Sellers?It could be a good idea and, has already been noted, would likely clamp down on fraud.That the idea 💡 fiverr will make more money apart from there 20% gain they get from finished transaction and this will make them invest more in reaching out to new buyers making we sallers have more work on deck , this thing called crypto is really given a sign that is hear to stay and if you get involve in it as quick as possible you gain more before it saturate 9 Link to comment Share on other sites More sharing options...
melrhyinst Posted February 12, 2021 Share Posted February 12, 2021 What about the ones who hate crypto currency?That why they are others ways which you have been using before , every one will choose which way he or she want to be paid in 9 Link to comment Share on other sites More sharing options...
topseykrats Posted February 12, 2021 Share Posted February 12, 2021 That why they are others ways which you have been using before , every one will choose which way he or she want to be paid inThis, there should be a choice. 8 Link to comment Share on other sites More sharing options...
mattboa Posted February 12, 2021 Share Posted February 12, 2021 People have been asking about this for 3+ years on here it seems, but nothing ever materialised. I said this recently elsewhere:Cryptocurrencies aren’t mainstream or accessible enough yet. Heck, it’s been over a decade of Bitcoin so far and most of the world won’t even be able to have it in their PayPal balance by the end of 2021. It’s the e-ink of finance.I doubt that there’s even been a single person among the millions of buyers in the last year who have also thought “damn, I would’ve really bought this 20$ gig if I could’ve used my crypto wallet”.Not a priority at the moment.Make payments via Bitcoin on Fiverr?Would it cost much to implement a payment method accepting bitcoin on Fiverr?IMO, yes. I can only see Fiverr spending some of their budget to get the right people and technology on board far from now.The only way it can happen soon is if PayPal, which Fiverr is partnered with, does something to alleviate the expense load. Otherwise it’s going to take time or take off very slowly. 8 Link to comment Share on other sites More sharing options...
melrhyinst Posted February 12, 2021 Share Posted February 12, 2021 This, there should be a choice.Yes of course just like when you change your currencies from dollar to euro or pounds or other currencies they should all be crypto added as choice 7 Link to comment Share on other sites More sharing options...
donnovan86 Posted February 12, 2021 Share Posted February 12, 2021 Do you realize that that same bitcoin went real quick from 0 to 100 acceleration 😉 don’t be scared bro it is what it is you loss and you gain same with flat (doller) , do you know the value of dollars not same last 10 yearsWhat you don’t get about this situation is that it’s not about me and my savings.It’s about Fiverr. This is a company that wants profits now. They don’t sit on their money for years, they have staff, investments they make, they just announced they bought a new business today. So, they don’t sit on Bitcoin to see if their investments are good or not. Plus, it would be a financial mess for them to include this and then see their money devalue, then increase in price and so on within just a few days.That’s why most large businesses don’t support bitcoin. Amazon doesn’t, Fiverr doesn’t, and I can share many others SO… 8 Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now