Hello HN community, I'm just curious about the rise of this new BitCoin currency. I'm currently developing an Saas product myself, so I'm actually torn between choosing various currency processors/vendors.<p>Can someone explain as to<p>1) Why and when one should use BitCoin?<p>2) What advantages does BitCoin have over traditional payment processors like PayPal/Stripe?<p>3) Is there any legal downside of using BitCoin? (For example, I read somewhere that Bitcoins are used for Money Laundering and the governments are actively monitoring anyone using BitCoins)<p>4) How much do you save (if at all) by going with BitCoin instead of someone popular like PayPal/Stripe?<p>Thanks!
For those wondering to accept Bitcoin or not, the price of Bitcoin has been bullish the past few weeks.<p><a href="http://bitcoincharts.com/charts/mtgoxUSD#rg90zig6-hourztgSzm1g10zm2g25zvzps" rel="nofollow">http://bitcoincharts.com/charts/mtgoxUSD#rg90zig6-hourztgSzm...</a>
I requested the adjustable donation feature yesterday, thanks! Here is an example of it in action: <a href="https://chatsecure.org" rel="nofollow">https://chatsecure.org</a><p>One thing I noticed is that very rarely the button image doesn't load and is replaced by a default Bootstrap navigation bar inside the button frame instead. Might be something to investigate.
This could be really cool for this post from earlier today: <a href="http://news.ycombinator.com/item?id=5141995" rel="nofollow">http://news.ycombinator.com/item?id=5141995</a>