Ask any merchant who as ever received a chargeback for legitimate goods that they shipped for a credit card payment. Bitcoin has no chargebacks, which is great

Ask any merchant who as ever received a chargeback for legitimate goods that they shipped for a credit card payment. Bitcoin has no chargebacks, which is great for merchants who are shipping to somebody they've never met on the other side of the world. VISA costs ~2.7% if you never have any customers who issue chargebacks. But if you're an online retailer, you've probably got an entire fraud department beyond just what VISA charges. And some services (namely adult services and gambling services) can't get any access to digital payments at all. VISA, Paypal, etc. all block them, despite the fact that these services are entirely legal. Bitcoin makes it possible to use these types of services without some central party deciding that supporting an adult cam site is bad for business. This is also great for the unbanked. If you are in Africa with no local bank, no government id, etc, something like Bitcoin can enable you where no bank would ever trust you. And Bitcoin is in fact going in the direction of enabling micropayments. There is a huge upgrade to Bitcoin in the works called the lightning network, which means you basically have to make 1-6 starter transactions on-chain, but after that you can make an unlimited number of micropayments around the network for essentially free.