Scirra cog

About Us

We're a London based startup that develops Construct 2, software that lets you make your own computer games!

Archives

Browse all our blog posts

Latest Blog Entries

We love brains!

Join us! Joiiinnn ussss! Mooooree brains!

Bitcoin Now Accepted in Scirra Store!

by Tom | 21st, October 2013

We're very excited to announce that we now accept Bitcoin in our store!

The new checkout on Scirra.com

What is Bitcoin?

Bitcoin is an online currency. All the Bitcoins in existence are worth over $1.5 billion USD, it's becoming far more well known and popular! Here's a short explainer video that goes into a bit more depth about what Bitcoin is, how it works and what its advantages are:

Why are you now accepting Bitcoin?

We're passionate technology enthusiasts and want to support this new technology as we're excited and interested to see where it can go.

We also beleive this potentialy revolutionary idea has the potential to have positive widespread impact in the financial sector who have been charging everyone too much for too long. Even if Bitcoin entirely fails one day, it can still level the playing field a little more, and make everything a bit more competitive.

How are you taking payments with Bitcoin?

We're currently using Coinbase's payment API to accept Bitcoin payments, a San Francisco based startup who've received nearly $7m USD in funding.

I hate Bitcoin! They suck!

No problem, we still offer credit and debit card payments with Stripe, and if you can't use this and don't have any Bitcoins you can still use Paypal.

Merchants with revenue share

We pin the Bitcoin price of items in the store on GBP (our home currency). If a sale is processed in Bitcoin, you will be credited with your revenue share in your GBP balance. This share is calculated as the advertised GBP sale price * your revenue share.

What do you think about Bitcoin?

Do you own any? Ever spent any? Do you think they are a good idea or a bad idea? Let us know in the comments!

Now follow us and share this

Tags:

Comments

3
JohnnySheffield 6,662 rep

Bitcoins? cool.

Any plans for supporting Litecoins?

Monday, October 21, 2013 at 1:38:08 PM
3
gillenew 23.2k rep

Bitcoins, its good to know :D

Monday, October 21, 2013 at 1:48:57 PM
4
Eisenhans 19.4k rep

So.. bitcoins are not considered "shady" in the UK? There are jurisdictions where tampering with bitcoins will immediatly put you as a red dot on the HMRC's (or equivalent) radar map ;-)

Monday, October 21, 2013 at 1:51:40 PM
3
ludodesign 29.8k rep

Sounds interesting, I don't know a lot about bitcoin, but I read the idea, try to understand the complete idea and is ambicious and sounds cool. Let's try it o/

I hope can be a good thing here in Scirra :)

I wanna to try use it o/

Monday, October 21, 2013 at 1:53:43 PM
7
Tom 48.6k rep
So.. bitcoins are not considered "shady" in the UK?

The question needs better definition I think, who considers them shady is quite important to consider as well as why they are considered shady. Everyone I've met and talked to them about has been very receptive to them in the UK (including a well known UK politician)

HMRC are almost completely silent on the issue, and all the FOI requests I've been doing have been denied.

Banks here in the UK in my view are operating very anticompetitively by blockading any Bitcoin related businesses.

I think the government and banks are scared of them, but they provide a lot of utility to normal folk and small businesses so we should definitely be exploring their potential.

Monday, October 21, 2013 at 1:57:57 PM
4
yousicc 5,549 rep

Good point Tom. Thanks for more options on payment methods.

Monday, October 21, 2013 at 2:05:25 PM
4
pxzin 1,897 rep

Wow nice! I work as gunman 'extra' time, so I have a bunch of bitcoins to expend.
(Ok, sorry, but this is the plot from my game - using bitcoins as currency - and i don't resist the joke.)

Monday, October 21, 2013 at 2:08:27 PM
4
RicoD 2,010 rep

Germany has already accepted bitcoins as valid currency. It's only a matter of time before other countries will follow. That also means taxation in the near future. Sure, there's Silk Road stuff on the other end of the spectrum, but that'll always be the case.

Monday, October 21, 2013 at 2:12:10 PM
4
Tom 48.6k rep

Currently Bitcoin in the UK is subject to capital gains tax when we sell them for 'normal' currency. We do of course strongly beleive in operating honestly and fairly as a business and is no way this a means for us to avoid paying tax due in any way.

I strongly beleive UK should be following Germany's footsteps on Bitcoin!

Monday, October 21, 2013 at 2:16:17 PM
2
Tom 48.6k rep

@JohnnySheffield probably not sorry. If Coinbase add Litecoin support then we'll look into it if it's easy.

Monday, October 21, 2013 at 2:39:08 PM
4
EgoAnt 6,364 rep

Now we just need to set up a profit sharing system on the Scirra arcade that pays out in Bitcoins and we're all set!

Monday, October 21, 2013 at 3:31:16 PM
3
sosensible 9,506 rep

so bit coins basically a digital currency so you don't have to worry about cross currency and your bank wont charge you for forien exchanges

Monday, October 21, 2013 at 5:57:21 PM
2
Paradox 37.6k rep

They are shady because they attempt to offer a digital equivalent to "cash."
The institutions would like all cash to go away as well, because it's not trackable, and harder to take their cut of.

Shady is a relative term.

Monday, October 21, 2013 at 6:22:05 PM
3
thehorseman007 14.3k rep

Every second I am going in a new path with C2 and it's team. It is like every week there is a news and it takes me to another planet. [:D]

Thanks C2 team.

Monday, October 21, 2013 at 6:27:33 PM
2
AbelaNET 14.5k rep

I believe in this idea and lets hope it changes things for the best

Monday, October 21, 2013 at 7:27:44 PM

Leave a comment

Everyone is welcome to leave their thoughts! Register a new account or login.