How so? They're transacting through coinbase. It's no different than accepting PayPal payments legally or technically.
Buyers understand that if there is a dispute they will only receive the amount paid in USD, not BTC.
Buyers understand that if there is a dispute they will only receive the amount paid in USD, not BTC.
I guess this would be mitigated by immediate exchanges... Haven't used Coinbase enough to know how well this would work, specifically their merchant services, but what's the per-transaction cost to immediately exchange BTC on transactions? Also, I've seen buy/sell prices on CB - is that the same in their merchant accounts? I see daily cashouts as a merchant option, but that doesn't entirely remove the fear of a market crash. Or even smaller daily variations (morning price high, evening price low, etc).
I could see how there would be at least some potential for long-term concern.
The second somebody makes a payment via BTC through coinbase for an app.net project, the BTC is cashed out on the fastest exchange possible and the fiat value of that BTC directly sent to app.net whenever they please.
No, seller never sees BTC, buyers BTC are immediately turned into USD and seller gets USD. No fear of market crash, they're getting the instant exchange rate.