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WordPress To Accept Bitcoins

Posted by ryuzaki0 on from the what-about-gold? dept.

angry tapir writes "WordPress has said it will accept payment in bitcoins, opening up the blogging platform to payments from users in countries not supported by PayPal or credit card companies. WordPress is free, open-source software, but the company Automattic offers paid-for features such as blog designs, custom domains, hosting partnerships and anti-spam measures."

3 of 205 comments (clear)

  1. Seems like a no-brainer by slim · · Score: 5, Informative

    They're using BitPay. Assuming BitPay's charges are reasonable, it seems like a bit of a no-brainer.

    Wordpress makes some simple API calls to BitPay. If someone pays in BitCoin, BitPay converts it to dollars, takes a processing fee, and adds it to Wordpress's balance. Wordpress can treat it as dollars from that point on, so tricky tax/accounting issues.

    On that basis, why would you *not* accept BitCoin, if you think there are customers keen to spend them?

    BitPay has to deal with tax/accounting/legality issues, but that's their business.

  2. Re:Bitcoin will never by IamTheRealMike · · Score: 5, Informative

    If you go to Room 77 in Berlin you can buy burgers and beer with Bitcoins. You pay with your mobile phone. I've done it, it's easy. The guy who runs Room 77 is a huge Bitcoin fan and recently announced that 4 more shops in Berlin are now accepting Bitcoins too.

  3. Re:hm by mentus · · Score: 5, Informative

    Is HSBC present in the countries you're operating? If you set up an HSBC Premier account in any of the countries it operates, you're automatically eligible to open HSBC Premier accounts in any of the countries it operates - without paying any fees. Then you can use GlobalView to log in in all the accounts at the same time and shift money without paying any fees.