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I almost double checked if its not 1 April? How will they make money?
by chatman 13y ago
I almost double checked if its not 1 April? How will they make money?
- indrax 13y agoOn the second million.
- Me1000 13y agoThis appears to only be for merchant accounts. Personal trades will still have a fee.
- citricsquid 13y agoThe number of people using Bitcoin now is negligible, it may as well be 0. Coinbase is perfectly positioned to be a serious player if Bitcoin does achieve the lofty goals supporters are aiming for: Coinbase will make money hand over fist from personal users if that happens. 0% for merchants is Coinbase investing in the long term success of Bitcoin. The money they would make now from charging merchants is inconsequential compared to the money they will make long term if Bitcoin succeeds.
- t0 13y agoThis is more of a marketing stunt. They might as well pay you to be a merchant.
- MacsHeadroom 13y agoOn personal exchanges between Bitcoin and other currencies. Also, on the increased value (deflation) of Bitcoin they already hold from the increased adoption caused by the allure of fee free e-commerce.
- miles 13y agoHow will they make money? The answer is simple: volume. http://www.hulu.com/watch/2315 http://www.hulu.com/watch/2315