...it would immediately be a target of fraud and unhappy customers and soon have to charge a more substantial fee. Bitcoin early adopters are willing to put up with more insecurity and inconvenience than most customers.
Do you feel like that's a really useful comment and added anything to the conversation? Bitcoin is fascinating but represents what % of global transactions today?
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Coming from a Bitcoin world, 2.1% + 30cents fees sounds ridiculous!
This is the price you pay for a currency with:
1) Stability 2) A massive user base 3) An infrastructure to support that massive user base
BitCoin has none of those things, so I'd expect a discount on it!
It's the price you pay for interchange fees. If only ACH had an instant verify and hold feature...
...it would immediately be a target of fraud and unhappy customers and soon have to charge a more substantial fee. Bitcoin early adopters are willing to put up with more insecurity and inconvenience than most customers.
Do you feel like that's a really useful comment and added anything to the conversation? Bitcoin is fascinating but represents what % of global transactions today?