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Form of price discrimination? Charging the same price for 1$ and 1000$ transaction would either make 1$ transaction not viable (BTC/ETH is doing this) or would
by matkoniecz 4y ago
Form of price discrimination?
Charging the same price for 1$ and 1000$ transaction would either make 1$ transaction not viable (BTC/ETH is doing this) or would be overall less profitable.
https://en.wikipedia.org/wiki/Price_discrimination https://en.wikipedia.org/wiki/Price_discrimination
Also, insuring against fraud is actually more expensive for more expensive transactions. And CC provide some minimal service here.
- s1k3s 4y agoI was not aware of that concept, thanks!
- matkoniecz 4y agoYou may enjoy https://www.joelonsoftware.com/2004/12/15/camels-and-rubber-duckies/ https://www.joelonsoftware.com/2004/12/15/camels-and-rubber-... and https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/ https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/ - about this kind of economic strategies/effects explaining few hings which seem mysterious otherwise