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Banning Crypto Currency in ToS?


Ikayuro

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Hello! New here, thought this would be a good place to ask.

With NFTs and Crypto starting to leak into the art community, especially with PayPal allowing the currencies to be on their platform, I decided that I wanted to add the following line to my Terms of Service;

"I do not accept Crypto Currencies and I do not endorse NFTs."

How do you feel about seeing something like this? Do you think I'm being a bit too jumpy without giving Crypto a chance, even with Paypal supposedly converting it to established currencies?

 

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On 4/9/2021 at 1:14 PM, VosurAekira said:

While I don't receive commissions personally, if Paypal converts it to standard currencies, maybe you should add in a line that says "Please convert to (insert your preferred currency) before sending."?

I guess what I'm wary of is, since Crypto is such a varying market, that there's an issue with the conversion. I suppose it would, in the end, be protected via PayPal, but the worry is still there.

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