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One thing that hasn't been suggested yet is the lack of point of sale support for cryptocurrencies. Companies like Coinbase and Stripe have already made it rel
by z1mm32m4n 9y ago
One thing that hasn't been suggested yet is the lack of point of sale support for cryptocurrencies.
Companies like Coinbase and Stripe have already made it relatively straightforward to accept Bitcoin online. Think if companies like Square or other point of sale terminal vendors made it easy to accept Bitcoin to pay for my coffee!
- taysic 9y agoThere are a few issues - there are no "chargebacks" with Bitcoin. You get a lot less protections in your capability to return things - its all up to the merchant. Also, the transaction times are too slow right now, esp for small purchases. Finally, there is so much volatility with the value of cryptos - would a merchant want to see the amount you paid him lose 20% value the next day just due to the market?