RayB

Hello everyone,

Looking for a custom maker who will take a bitcoin payment. Happy to pay all up front. If you are not familiar with bitcoin it is not overly difficult to convert into USD or whatever currency you operate in. And if you do it at the time of purchase it doesn't matter about its changing price, we can agree on something that evens out to your frame price plus some handling fee perhaps. Looking to possibly get a custom frame without wifey knowing the total cost

If this is the wrong area to ask, I apologize.

Thanks
Ray

unterhausen

I have never heard of anyone taking it, and I'm not sure any builders would want to take payment up front. Best to convert to $ yourself and buy what you want, I think

Live Wire 

Andrew R Stewart 

I have yet to hear of a bank, government, supplier, landlord, utility company… who accept Bit Coins for payment. Why should a builder do so?

Interesting thought of the use of Bit Coins as a method to hide payments. Reminds me of when I had my shop and a guy came in representing a barter "community". My accountant suggested I stay away from a "cashless" transaction for a number of reasons. Andy

OneIsAllYouNeed

In my opinion, the only custom frame you should buy secretly is one that's a present for her. Perhaps a tandem would be a wise use of the BTC.

ksryder

There's a lot going on here.

Subscribed.

Daveyk15

Wow the least dodgy use of BITCOIN ever hopefully the recent fall on the price wont impact what you want.

unterhausen

I assume the direct trading of bitcoin is to avoid taxes. Now that BTC is publicly traded, that seems questionable on both ends of the transaction

RayB

The thought of offering to pay all up front was to simply hedge against the frequently changing price so you convert it all at the same time and neither of us end up loosing out. But ya, I can understand why it might sound phishy.

RayB

There are plenty of legit businesses accepting it. Largest electronics chain here in Japan to name one. Does cashless include credit cards? I'm not suggesting anywhere that people don't pay their taxes on purchases. Why should a builder accept? Open up new revenue channels to new groups of customers? If you are an established builder with years of orders in the pipeline maybe you wouldn't care so much about such things. But if you are new, or struggling to make new business it could be something to consider. There are plenty of businesses now that enable POS capabilities for small business to accept and convert to local fiat. But really, was just looking to see if there was anyone already accepting it. Not looking to convert or convince anyone to start using it.

RayB

Of course and I would. If she gave a toss about cycling . Plus tandems are illegal here which is a shame. I'd love one of the bike friday ones.

RayB

Not at all. In fact, if that was my main driver I could easily purchase from several other countries that don't charge taxes on good purchased and shipped out of country. UK comes to mind. But again, wasn't really looking to kick off any debates in this sub. Was just checking if anyone was already accepting it.

Andrew R Stewart 

Ray- I suspect many of the established builders don't involve themselves with this forum. You might try https://www.velocipedesalon.com/forum/ as it seems that more pros read and post over there.

I agree that the world is changing and part of that is the economics and the trade methods. Perhaps in a bunch more decades BitCoin (or it's successor) will become the world standard... (Given the current international trade challenges that a certain president is creating I wouldn't be surprised at a movement away from the US dollar as the common reference

Until I can go down to my local grocer or town hall and pay my bills with them and there's some incentive to not use US dollars (I live in the USA) I will be warry of any unbacked currency. Andy

Marcus_Ti

A highly volatile commodity of otherwise dubious value...that has rampant untraceable easy theft going on....I don't see why a framebuilder wouldn't use it.

CliffordK

The USA doesn't do direct bank transfers/deposits as readily as other countries, and credit card and PayPal fees can be high. So, there would be benefits of looking at other alternatives for international exchanges.

There are, however, prepaid credit cards that could be kept relatively anonymously if that is the only issue.

RayB

Never said people should invest in it. Simply to transfer value without middlemen scraping their 4 to 8 percent in the process. There is no theft/crime ever associated with USD cash? wow, interesting. Any way this was simply meant to find out who, if any, may be accepting it. Not to debate everything, there are other platforms for that.

BigPoser

Why don't you just convert your Bitcoin to US dollars and then pay for the frame or bike?

Andrew R Stewart 

As the OP posts his location as Japan and he hasn't decided from where/who he will contract with for this custom frame using US$ might not be the best for him. But there are other ways to provide payment on the international market that don't involve BitCoin.

I've avoided mentioning the secret purchase aspect (keeping it from the wife) till now. A large number of marriage failures involve the finances of a couple. Both my marriages had this as a discussed aspect of merging our lives. To do otherwise is unwise and sets up the future issues the couple will end up having to deal with in the end. Within a partnership many will view lack of forthcoming/honesty as the same as lies and cheating (but not with another person). Too many dig their own futures with shortsighted present choices. Andy

cb400bill

This topic has reached its inevitable conclusion.

Thread closed.