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Well everyone pays an extra ~3% on all of their transactions for that privilege, plus whatever costs retailers factor in for rampant credit card fraud. I wouldn
by evantbyrne 3y ago
Well everyone pays an extra ~3% on all of their transactions for that privilege, plus whatever costs retailers factor in for rampant credit card fraud. I wouldn't consider Visa the gold standard of how financial transactions should work the whole system is very clunky and prone to abuse.
- godelski 3y ago> Well everyone pays an extra ~3% You do realize crypto currencies have transaction fees, right? Yes, I'm willing to pay for goods and services.
- evantbyrne 3y agoNot 3%! That's a lot of lost spending power for the privilege of having your insecure cc number stolen at a gas pump.