Do you accept or want to accept cryptocurrencies as payment and why?

Answered by:

Jennifer Ward

Crazy Squirrel Game Store
5 Questions answered
Answered on February 14th, 2019

We currently don't. A recent Planet Money episode highlighted a survey they did with only 3 percent of American respondents saying they'd used Bitcoin in the last year. And some of that was false data (someone replied they'd used it at a company that does not accept Bitcoin, for example).

Add in the extreme market fluctuations and the nefarious uses of cryptocurrency (Bitcoin is a popular method of payment required by computer and data hostage takers) and no regulation prohibiting that and I've chosen to not accept it.

I have used it, though.


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