They advertise 40% discount for cryptocurrency payment. As far as I know, this is unusually steep.
The pricing structure:
- Monthly: 89 EUR
- Quarterly: 79 EUR/month equivalent
- Annual with bank transfer: 69 EUR/month equivalent
- Annual with crypto: 49 EUR/month equivalent
My concern is not technical. I can manage wallets. But such a large gap suggests either tax optimization I do not understand, or a business model relying on non-reversible payments with higher dispute rates.
I have requested their VAT number and jurisdiction of incorporation. They provided both, registered in a EU member state with favorable crypto tax treatment for business holdings.
Still, the discount magnitude troubles me. Has anyone here paid RackNerd (https://www.racknerd.com) or similar with crypto? What was your experience with contract enforcement if issues arose?
I am particularly interested in the privacy implications, as far as I know paying with crypto does not automatically improve GDPR compliance for the customer data they still hold.