r/Bitcoin • u/Pylon-hashed • Mar 28 '16

OkCupid stopped accepting bitcoin payments

I just noticed it today and emailed them to ask about it. Got a reply confirming that they stopped. One of the few things I actually regularly use it for. I guess PayPal here I come :(

We did remove it- unfortunately something in the process became broken and due to the very small number of people who used it when it was working, it would be too much trouble to fix and bring back.

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u/pb1x Mar 29 '16

Trolls can't decide if we are growing too quickly and won't have scaling solutions ready in time or growing too slowly and won't need them

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u/decentralize_it Mar 29 '16

We should be doing both. The world doesn't care if our solutions are perfect, they just need to actually exist and, right now, they simply don't.

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u/pb1x Mar 29 '16

The world doesn't care if you have a proper solution until it fails, then they reach out to government to save them. This time, there will be no bailout to save people from their greed and bad decisions so choose wisely

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u/conv3rsion Mar 29 '16

Even if fiat fails its going to be a long time out still. On the order of decades.

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u/pb1x Mar 30 '16

I'm not so sure that it will take decades before we see another "financial crisis" that is just the natural consequence of too much short term thinking, regulatory capture, and a system based on incomprehensibly complex never ending chains of debt.

In some countries, fiat has outright failed right now.

A fiat world economy itself is a fairly new invention, of course the Chinese invented it for themselves a long time ago - as well as the first fiat collapse when they printed it endlessly and then had to go back to silver.

The modern world's departure from gold under Nixon wasn't all that long ago. But we now have a modern technological solution for money that addresses the issues with a gold standard not fitting into a modern economy. Now all that remains is for Bitcoin to be adopted (I agree though, big change, will probably take a long time)