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Not only will accepting Bitcoin help this pub save some money on fees, it is very likely attract some new customers who happen to be Bitcoin enthusiasts. Win-wi
by samweinberg 13y ago
Not only will accepting Bitcoin help this pub save some money on fees, it is very likely attract some new customers who happen to be Bitcoin enthusiasts. Win-win!
- astrodust 13y agoNot only do you get dinged when you exchange Bitcoins peer to peer, but you get hit again when you go to cash out through a broker. It's an interesting experiment, but don't think there aren't any fees. The nominal amount a credit card company collects is lower.
- Nursie 13y agoDid you read the bit about 7% fees, so they charge around an 8% premium? I don't deny they'll get some new trade, but it's not really saving anyone anything.