> My company has done more than $10 million in hardware sales selling cryptocurrency miners for bitcoin. Bitcoin is really the only option for us, because there's so much fraud (check, credit, etc.) that we couldn't accept another form of payment without something like 30% markup. The instant finality (well, 1-2 hour finality) of Bitcoin makes that tractable.
Your disagreement with a post pointing out that criminal activity is a major driver of adoption of cryptocurrencies is "our cryptocurrency industry company can't accept any payment method other than Bitcoin due to rampant crime and fraud by cryptocurrency users"?
This level of fraud is experienced by all sellers of expensive hardware. The high-end audio equipment industry has the same problem that we do - high fraud, and chargebacks can hit as much as 90 days later. If you already shipped a $4,000 pair of speakers across the world, that chargeback has no recourse, and just represents a giant hit on your balance sheet.
Your disagreement with a post pointing out that criminal activity is a major driver of adoption of cryptocurrencies is "our cryptocurrency industry company can't accept any payment method other than Bitcoin due to rampant crime and fraud by cryptocurrency users"?