Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: bosshyip on July 14, 2018, 08:25:18 AM
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Hey all, this is my first post to Bitcoin. I don't get who or what creates the value backing the currency but I am always interested in money theory so I would like to investigate using it on my website. I've launched a quite different web directory that is set up to broker web traffic from website to website.
It offers free advertising but also offers opportunity to bid to get in higher positions. I would like to accept Bitcoin as payment but am having a hard time wrapping my head around distributing it as commissions.
You see, my web directory can be installed on any number of websites. Each site therefore contributes traffic. Each site also gets to offer paid positions for sale so the value of that position increases because the web traffic is aggregated. I pay each site 50% of the ad fee each and every month for any paid ads they sell.
So I would have to have them agree to get paid in non-redeemable-for-cash BitCoins right? They could use them to buy traffic themselves or buy other Bitcoin products from other vendors. Does that sound like how Bitcoins could be used on my site?