Dec 05, 2013, 10:58 PM
You Are The One Wrote:As for part two, I am not an expert in all forums of payment systems nor do we have the staff/time to learn. It has been suggested and being looked into internally to re-allow some, but these other methods are far harder to independently verify in general and why they are frowned upon.
I just wanted to point out that bitcoin is probably the easiest payment method to independently verify. All transactions are recorded in a decentralized public ledger, a.k.a. the blockchain, which anyone can view on a site such as https://blockchain.info/ This means that no one can fake a transaction or hide the fact that a specific transaction occured.
This video is a good technical overview of how it works: http://www.youtube.com/watch?v=Lx9zgZCMqXE
I hope you guys will look into bitcoin further, I know a lot of users would be happy to have it as a payment option.