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Bitcoin is probably a barrier to entry, meaning the "users" in this industry don't all know or understand how to use Bitcoin, and so this would mean losing a portion of their less tech savvy userbase. On the other hand, almost everyone (who is online and able to purchase things) knows how to use a credit card.


Losing a portion of the less tech savvy userbase is a strict improvement over losing the entirety of the userbase due to an inability to take payments at all.


Like I answered to a sibling comment, I mistook who his customers were: advertisers! If we are talking about advertisers, switching to crypto makes way more sense.


> If we are talking about advertisers, switching to crypto makes way more sense

I would have assumed the opposite. Ad buyers aren’t idealogues.


No, but they are pragmatic. I understand this is simply a way to sidestep payment problems related to anti-porn regulations, not an ideological "crypto freedom" thing.

The advertisers are aware of what business the website is in, they want to advertise there, but the owner's bank closed his account.


Indeed. My response was more in a general sense, i.e. no matter who your customers are.


It would be a different story if there were a simple and straightforward method to convert a crypto into cash directly with the handler, but until a major credit card company is willing to tackle that burden crypto may not be the answer.


He said his customers are advertisers, not the people visiting his site

> We promoted affiliate programs and would get paid by our sponsors


Ah, missed that. It changes everything, I stand corrected.




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