4 ms·
Well, credit cards are very expensive to use (3% of every transaction on average). Digital centralized stable coin type of currency could compete with those.
by bluecalm 5y ago
Well, credit cards are very expensive to use (3% of every transaction on average). Digital centralized stable coin type of currency could compete with those.
- nextaccountic 5y agoBut a centralized stablecoin has.. basically none of the benefits of Bitcoin? At this point it looks like a bait and switch. We were promised a decentralized currency and we just got a get rich quick scheme.
- floatboth 5y agoNot to the customer. I don't pay 3% more for anything if I choose a card vs. cash, in fact the card gives me a 1% cash back reward. Meanwhile buttcoins have ridiculous spikes in miner fees. New bullshit "distributed app" like the next cryptokitties is clogging Ethereum again? Now moving $10 costs $40! Money of the future! Current stablecoins are fraudulent wildcat banks. Research Tether.