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Price your goods in USD and do the conversion at payment time. Didn't think of that idea did you?
by Devilboy 14y ago
Price your goods in USD and do the conversion at payment time.
Didn't think of that idea did you?
- eterm 14y agoBut then you're not really charging BTC, you're charging USD but allowing BTC as a payment mechanism of USD.
- Devilboy 14y agoSo?
- VLM 14y agoThis is a feature not a bug. Also its much more valuable for the endpoints to be dissimilar payment regimes because financial transfers have obscene fees at this time. You double the currency exchange cost while eliminating all transfer fees. Transfer fees to go from my employers NYC bank checking account to my local credit union checking account are pretty low. On the other hand hopping borders and using multiple payment processors adds up pretty quick and the rates are extremely high for small transactions.