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Compared to credit cards: - Bitcoin doesn't have chargebacks - Bitcoin's base protocol transaction throughput is low - There is a fixed cost per transaction
by nemild 7y ago
Compared to credit cards:
- Bitcoin doesn't have chargebacks
- Bitcoin's base protocol transaction throughput is low
- There is a fixed cost per transaction (credit cards have low marginal costs for the credit card processor, and variable, percentage-based fees)
- Nursie 7y agoThere is an uncorrelated cost for every transaction, it's not exactly fixed.