Welcome to the discussion on the recent payment changes announced by Talk Sugar. In this thread, our community members share their thoughts and experiences regarding the shift from traditional payment methods to cryptocurrency, specifically Bitcoin. Here's a summary of the key points raised:
- Talk Sugar has announced that after June 25, 2013, they will no longer offer direct deposit as a payment option. Instead, they will exclusively use Bitcoin for payments to hosts and their affiliate program.
- Payments in Bitcoin will be made after every transaction without a minimum payout requirement and are promised to be free from chargebacks.
- Members express concerns about the volatility of Bitcoin's value, the additional steps required to convert Bitcoin into traditional currency, and the general uncertainty surrounding the use of cryptocurrency for payments.
- Some forum members are skeptical about the change, citing past issues with the platform such as lack of model support and payment problems. The move to a Bitcoin-only payment system has further dissuaded some from continuing their association with Talk Sugar.
- Despite the potential benefits highlighted by Talk Sugar, such as the absence of chargebacks and the ability to receive payments after each transaction, the consensus in the discussion leans towards a preference for more stable and traditional payment methods.
This change has sparked a variety of reactions within our community, ranging from curiosity to outright rejection. It's clear that while some are open to exploring new payment avenues like Bitcoin, the overarching concern revolves around the practicality and stability of such methods in the context of our industry.