| | Bitcoin as self-publishing payment option
I am writing a sci-fi novel and have started to think about how to publish my work. Because of the exciting possibilities of electronic self-publishing, I am seriously considering doing that. I like the idea of not having to share the reward with a publisher and actually I would like to sidestep the whole juridical and financial thing related to publishers, be that traditional ones or the new electronic ones. I kind of like the idea of "doing it yourself" and so on and so forth. So, when I read about Bitcoins I was like thinking that: "Hey, this seriously seems to rime with self-publishing. The readers knows that what they pay goes more or less 99.9% to the author."
Though there are some risks involved (price volatility of Bitcoins, the future of Bitcoins etc) I am seriously considering this as an alternative payment option and think I will go through with. So, I did a search on this forum to see what people had to say about it and to my surprise I did not get any search hits at all.
So, I decided to put it out there and share my thoughts with you. Have you thought of doing this yourself? What stopped you from doing so? Have you tried it and did it work?