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[-] DieserTypMatthias@lemmy.ml 7 points 3 days ago* (last edited 2 days ago)

Implement a system similar to a Steam wallet.

[-] LukeZaz@beehaw.org 16 points 2 days ago* (last edited 1 day ago)

Dan Olson's documentary is as true as ever. Stop recommending an environment-destroying investment scam to people. You aren't helping, and I'm not going to be left holding your bag.

Edit: lmao they edited their crypto hawking out of their post

[-] theangriestbird@beehaw.org 42 points 3 days ago* (last edited 3 days ago)

Unless they make that completely seamless behind the scenes, I can't see that working. Most people don't use crypto and don't want to learn how. It also requires users to sign up for a crypto exchange, which requires people to register with a photo ID. Additionally, it is difficult to exchange exactly the amount you need to purchase something, because of how volatile the currencies are. You end up spending more than the cost of the thing you are buying, just to be sure that you have enough. And then you're in the digital currency problem of "I want the $3 skin but the smallest package I can buy is $5 worth of V Bucks", which always feels like a ripoff.

[-] BananaIsABerry@lemmy.zip 10 points 2 days ago

I have to buy $5 of crypto but I'm going to be charged $5 in broker fees

[-] Rose@lemmy.zip 9 points 2 days ago

On the one hand, yes, it's a solid alternative because it's decentralized and can even be untraceable (see Monero), but on the other hand, it's been under attack for the past years. I would disagree it's censorship-resistant, because if you make it illegal or hard to buy and sell crypto, few would be dedicated enough to go around that. Moreover, your proposed solution would still rely on some gateway between crypto and fiat, which would be vulnerable to pressure.

[-] savvywolf@pawb.social 15 points 3 days ago

I've seen this a lot, and there are problems with it. People are not going to want to go through setting up a crypto wallet just to buy a game. People are not going to be happy with Itch.io doing it transparently behind the scenes (who knows where they are sending it to). Creators are not going to be happy with having to pay higher transaction fees. And all this would apply to all games sold on Itch, not just the spicy ones, since Mastercard and Visa would absolutely block them if they tried it.

Why not just use something like Wero (or a hypothetical global equivalent) and use direct bank to bank transfers with no payment processor acting as an intermediary?

[-] Numberone@startrek.website 2 points 2 days ago* (last edited 2 days ago)

I don't think that someone is talking about using BTC or ETH. They're literally unusable to make purchases (multiple minute settling times and the high costs you mentioned) but any other functional L1 would work. Algorand for examply has ~3second block times with instant finality and costs a fraction of a fraction of a cent to use the network. Those fees couple be subsidised they're so low. They're significantly lower than a rail like Visa or MasterCard. But you're right, implementing it so anyone can easily use and access it is key.

Edited bad autocorrect

[-] chicken@lemmy.dbzer0.com 2 points 2 days ago* (last edited 2 days ago)

since Mastercard and Visa would absolutely block them if they tried it.

They didn't block Steam back when it accepted Bitcoin, or even complain afaik

[-] savvywolf@pawb.social 6 points 2 days ago

Steam wasn't using it to bypass their policies and demands.

[-] chicken@lemmy.dbzer0.com 1 points 2 days ago* (last edited 2 days ago)

Yeah, but it wouldn't be realistic to say "we accept crypto now and also are refusing to comply with credit card content policies" right away anyways, because that would just lose them all their business. The better plan would be to do what they seem to be doing; comply in the short term as best they can, while simultaneously looking to branch out with the payment options they accept, so that at some point in the future credit card companies might have less leverage.

this post was submitted on 30 Jul 2025
142 points (98.0% liked)

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