On top of it, currently it takes like 1 hour on average to write transaction to the blockchain. So we have the most expensive payment method (for common scenarios) with the longest execution time and the biggest volatility (save for maybe Zimbabwean dollar in its heydays or likes).
No regulatory overview, no rules, just old good wild, wild west to part a fool and his money.
PayPal needs your real full name, address and phone number. What do you mean by "too much data"? This kind of data is something basic if you need to do, well, pretty much anything in the world. Besides, crypto is not real money, just a clever scam pyramid scheme.
How else are you going to pay with PayPal if they can't get the money from your account? This is basic requirement for any payment processing software. They debit the amount that you are paying from your bank account so they can pay the vendor.
This data is more than likely information about your purchases. Again, I don't see any issues here and this isn't too much data. The fact that PayPal gives you a service like this for free (you don't pay for your PayPal account) means that you are the product, hence some data is used to sell it to other companies so PayPal can make money from this. Would you rather prefer to have a subscription for your PayPal account, something like 30 EUR per month? (I wouldn't)
Is this for tax or just a bank transaction fee? If it's tax, again, it's perfectly normal, if you don't like that just move to another country with less tax. If it's just transaction cost, then this is absurd, you might want to move to a different bank.
Just avoid crypto as much as possible since it's a scam all the way through and use fiat money because it works and is backed by a legal system which can protect you from scams.
By the way, you also have "Bank Transfer" option when purchasing Opus license. This means you need to make the transfer yourself, just like transferring from one IBAN to another (I assume). This should only incur costs for the transfer between IBANs belonging to different countries. If you live in EU, sending money from EU IBAN to EU IBAN should have zero costs and it's called SEPA transfer.
You can also look into getting something like Revolut, Curve, or some other neo-bank of sorts which don't charge absurd amounts for something so basic.
I though BTC doesn't have fees, but only ETH and other ETH-based systems. Maybe the platform offering such service charges these fees.
Thanks for your detailed answer, Soromeister. But just moving to another country, because of bank stuff, you must be kidding. If you are a millionair, and don't have to care about friends and family, maybe. As for the question, if it's a tax, yes, sort of, it's rather some kind of weird transaction extra fee, they are charging. They couldn't even explain the reasons. Because i get some small info windows, claiming, that it's some kind of charge for firm transactions, and the fact, that i don't have or represent a firm didn't change anything. And it is not an option for me either, to 'just move to another bank'. Too much trouble.
My current idea is, to ask an old times friend, who i know to have PayPal, because he's ordering small electronics parts all the time, and i'm quite sure that he would help me out. Either i meet him and give him the money, or i transfer that amount to his bank. Since it's an inlands transfer, it should be just a decent fee, like a couple of bucks. But maybe i wait until the official price anouncement is out, to avoid further hassle, if there is a slight difference in pricing.
Not true. Receiver of the money is "paying" fees. He will only get $37,50 of $40 someone sent (in that ballbark).
You realize the interest-rate, inflation and retirement-payout scams going on for decades, do you?
Oh lord! o)
Hu? There is KYC everywhere by now, you cannot buy Bitcoin anonymously nowadays. The SEC has opened cases for all major crypto exchanges recently (after being lazy/quiet for years, even on several requests on how to move forward in the space - a very foul move from my point of view.) With Bitcoin and crypto being around for 12+ years, who is to blame if you feel unregulated?
Looking at the recent posts, it seems we still need to learn a lot of things - if you are willing to learn and not just yell "it's bad". Please tell me why and please be specific. Tell me about your background, your financial expertise. Did you read books? Do you have a degree, are you self educated? Just yelling "bad", it does not help anybody. It does not help me to understand, what the bad bits of Bitcoin are, if there are some.
This is a short and different version of what I was about to post. Before getting into arguments, we need to be clear about whether we want to learn something from each other, or just put out unbacked opinions and mind-sets. Instead we need facts as hard as can be and we need questions being asked. When there is no question, there is no real interest in a topic, right?
Thank you! o)
Check! o) Even for tax stuff, I mean com'on.. germany surely has complex and weird tax system, but it's not that other countries don't know how to tax, at least in the northern hemisphere, countries know their tax business.
Speaking about me? o) As already mentioned, I can help with the paypal transaction as well. It's just that I don't like to use it either, but for purchasing a new DO version we can make an exception. o)
Yes, Bitcoin kind of failed to be the micro payment system it promised to be back in the days, especially when the chain is very busy like currently. But.. we had forks, people stepped in to make it faster (Bitcoin-SV, Bitcoin-Cash etc.). The forks were not adopted, so here we are. o) If anybody comes up with a faster network and equally high security and limited supply, it would surely find users. Would it harm Bitcoin? Probably not, the lead Bitcoin has and the trust it has by now, it's hard to beat.
For quick and cheap (pennies) transactions, there is the Lightning Network btw.! Just to drop this one here as well. Why is it cheap? It is way less secure. It is like a fast cache for the slow "Block Device" of Bitcoin, like memory for your hard drive (I kind of like that example! o). If Lightning will get busy and expensive as well, there will be another layer.
Transaction fees are driven by Bitcoin users, not any other third party. Transaction fees are auctioned on a free market basis. If you develop and establish a network to wrap thousand's of small Bitcoin transactions, to make it cheap for everyone again, here's your chance. You have to beat the Lightning Network of course. o) It is quite wide spread already..
(Not that I understand everything I see, but it looks nice! o)
Lightning Network Stats
The free market will take care of high transactions fees, when there is a demand and a service gap to be filled. Paypal is an example. Banks are to heavy, to slow, to cumbersome and incapable of creating a "paypal-like" service, so Paypal was born. The bad thing about it, it is centralized. If you don't fit as a customer, you are out (your money locked in if it gets really bad) - won't happen with Bitcoin / Lightning etc., with truly decentralized payment systems I mean.
You're an old friend too, of course. But i was speaking about a guy, who i know since the seventies! I didn't speak to hm for a couple of years, had his telephone number misplaced, but thanks to some searching tool 
i was able to retrieve it from some document on my computer. And thanks a lot, tbone, that i may have another option. Thanks for your offer. And like i said, i will wait until January, when we will have the exact pricing. 
Interest rate is just part of a business model. Bank gives you money and asks for a percentage in return. Don't see where the scam is here. Don't trust banks? Try a loan shark, you'll start loving banks pretty soon afterwards.
Inflation is basic economy side effect of putting more money in circulation (a.k.a. printing more money). It's based on the very basic economic rules. How is this a scam? You have more money in circulation, therefore less buying power, since the value of that currency has gone down as a result of making more available. If this is a scam, then the entire economic system of the planet is a scam.
Retirement-payouts (I hope you mean pensions) is just like a savings account, except you get to cash out on a monthly basis after your 60s. How is this a scam? You're not even supposed to live off the pension entirely anyway, since it's a broken system, but not a scam.
At least with fiat money, when purchasing something there's laws in place to prevent abuse from people/companies selling bad stuff which (thankfully) can be tracked to some extent. When using crypto (a.k.a. scam fake money) you get exposed to the scamming system just by using it, since all transactions aren't traced to an individual, as wallets don't require copy of your ID card and isn't linked to your birth-assigned UUID (a.k.a. social security number in the US). So if you make transactions in crypto there's no laws to back these up and you essentially get robbed in 99.9% of the cases for transactions between individuals.
I fail to understand how crypto is not a scam. It can't really be considered anything other than a scam without forcing you to link your physical persona ID to wallet systems and making you identifiable based on wallet(s) owned and used.
For crypto to actually be taken seriously, it needs a system to allow tracking of each individual transaction to the physical individuals that make these transactions, their location when they made the transaction, their address and personal id number, their signature and so on so it can be backed up by a legal system to prevent such frauds. Consequently, this allows collection of tax from these individuals, which is a very good thing in the long run for everyone to benefit from.
Don't believe me? Just try to buy any kind of services in crypto. 99.9% of companies only accept fiat money for services and you either get literally robbed after making the transaction (no services given) or the services themselves are a scam. Again, no legal system and no way of tracking everything is literally a scam.
Oh, don't get me started on global warming, to which crypto started contributing a lot in the past years. If I were the government, I'd regulate it and put 80-90% VAT on all transactions in crypto to discourage this abominable scam.
I wasn't aware of this, but thanks for pointing that out.
I have both Bachelor's and Master's degrees in Economics. The fact that you classify as scams the interest rates, inflation and retirement pensions tell me you don't really know much about economics in general. Not that it's a bad thing, there's a learning curve to it and to someone who doesn't know, these may appear as scams, sure. This is entirely my perception based on your comment, so please don't take it as an insult, it's not meant to be an insult, just an observation.
Sure, make it also mandatory to link your physical persona and ID to each wallet you use and to each transaction that you make and then it can be taken seriously. Kind of hard to do with the GDPR, but I'm sure there's ways it can be done.
They still don't ask for your ID, address and recent utility bills, so that's hardly KYC.
By the way, that's exact the plan of the EU, and even including all other data, like health and social status, so that every move can be tracked and recorded by them, and who knows what else.
Very dysphoric. I have never bitcoined so far, but that is much worse. Regarding the banks, it is very brazen, how much they charge even for my monthly plan. It is free for students, for some unknown reason, they don't have to pay a cent for their account. But, hey, the whole topic was mainly about purchasing an excellent software without to pay those rip off charges of a bank, almost doubling the cost.
And like i said, i won't start bank hopping now, being a customer of that bank for ~45 years, struggling with terms of notices, changing standing orders and all that
That's perfectly fine if it's used to track down criminality and tax evasions. Not good in combination with a lot of taxes imposed over regular people. Tax is good, but not when it's absurd as everything has a point where it stops being beneficial.
Yes, it is indeed weird and abusive to be charged around 42% of Opus price as transaction fees, this is why I suggested to move to another bank or get an account at a different bank for doing online payments.
The question was good actually. It remains to be seen if GPSoft will add this as a payment system although it's highly unlikely given the volatility of the crypto market, but who knows.
Good luck with getting this. If for some reason you can't find a way, reach out to me in a DM and I can help out. If Opus 13 will require an upgrade then I'll have to upgrade too.
Thanks, Soromeister.
Well, chasing criminals is generally a good idea. But we have a saying here, "to sweep in front of your own door, EU". 
Because hunting for 'small fishes' is not really what comes to my mind, whenever they start talking about that. Europe is the taillight, when it comes to bureaucracy and a jungle of confusing regulations. The talk is even about eliminating cash alltogether.
If there wasn't so much water between here and AU, i'd like to see the return of the good old stagecoach to deliver the fees. Because that would kind of justify the high costs somewhat, and would be fun, too. But since i can Skype to the other part of the world for free, in almost real time, i wonder, why it doesn't work with simple money transfers. But actually i have read about a reason; the whole SWIFT system is so grossly outdated, that it still requires lots of human interaction, on paper, using typewriters and keyboards, if not even crank handles and steam engines, to get the job done, because they weren't able to update the whole thing to 21th century standards yet.
I completely get your point, abr.
It's best to use electronic payment systems 99.9% of the time, since there are numerous benefits to it, but eliminating cash entirely is madness. Don't get me wrong, I hate cash, but what would people do if there's an entire power outage across the globe? We actually need cash to exist, I get why they want to eliminate it, but it's required for survival in such cases as well as cases where there's lack of development.
If this goes through SWIFT I can imagine why you're getting scammed by the system. It's indeed outdated and require people filling papers and yes, sometimes even typewriters.
Again, I can help out if you need to, just reach out to me via direct message on my profile when the time comes.
Thank you! I now have already two spare options, if my old collegue for some reason can't help me out.
I'm admittedly old fashioned and ignorant and don't understand bitcoin at all.
It just never has and still doesn't make any sense to me how constantly running some algorithm on some server farm somewhere can magically create financial value.
I would like to know more about this idiomatic expression.
Bitte, wie auf Deutsch gesprochen.
Yep, this thread is now far off topic.
I think we have all learned something though.
I have really enjoyed the economics discussion.
Hell, one may be able deal Directory Opus in the streets there.
Sure. Central part of this idiom is "vor der eigenen Tür kehren", meaning something like "minding your own business".
For example, parents complaining, that a kid is lazy at school. "Sie sollten vor ihrer eigenen Tür kehren" could be an answer here. This figure of speech is a little bit outdated though. Younger people would maby use harsher words to express the same.
Danke !
Ich hoffe Sie haben ein schönes wochenende.
Danke gleichfalls!
The fee miners earn is for providing computing resources towards processing the transaction. Bitcoin is resource heavy and therefore has a high fee but there are other cryptos that are designed around shopping that have less than a penny for a transaction fee. If you consider that Visa / Mastercard take 2.50% - 3.50% plus $0.30 - $0.50 cents of every transaction around the world, you can see the massive business opportunity payment processing is. Given that major crypto payment providers typically charge 1%, that means customers and businesses could stand to save quite a bit. Plus you don't have Visa and Mastercard dictating what can and cannot be sold. There have been multiple instances where a Visa / Mastercard policy change has sunken businesses. If you are considered high risk (which could be something as simple as an online marketplace) you have to pay significantly higher trans fees and a yearly BRAM fee (typically $10,000 USD).
Thanks to you all, i finally was able to find a way. Now i am just waiting for the announcement of the upgrade cost.
