Welcome to our discussion on the use of Bitcoin as a payment method for webcam models. This topic covers the experiences and considerations shared by our members regarding the acceptance of Bitcoin for their services. Here's a brief overview:
- Concerns have been raised about the reliability of Bitcoin as a payment option, especially for those new to this form of transaction.
- One member shared the advantage of Bitcoin in terms of taking full payment without the need to pay commissions to third parties. However, they highlighted the importance of waiting for at least 6 confirmations of payment to ensure its legitimacy, as there's a risk of fraud with unconfirmed or double-spent coins.
- Discussions also touch upon the geographical origins of clients who prefer to use Bitcoin, noting that while some requests may come from legitimate sources, there have been instances of scams, emphasizing the need for caution.
- The consensus suggests leaning towards more traditional and established payment methods like Paypal and Skrill for reasons of security and reliability.
This topic serves as a platform for sharing experiences and advice on navigating the complexities of cryptocurrency payments in the webcam modeling industry.