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Then what you're proposing eliminates the fundamental purpose of using Bitcoin over existing currency. Why pay transaction fees to an exchange if I can pay zer

by canistr 13y ago

Then what you're proposing eliminates the fundamental purpose of using Bitcoin over existing currency. Why pay transaction fees to an exchange if I can pay zero fees with cash or use a service like Dwolla in which the fee is significantly cheaper than an exchange fee?

user24 13y ago
> Why pay transaction fees to an exchange if ... Because you want to support bitcoin. If you don't want to pay with bitcoin, don't. If you do want to support bitcoin but don't want to erode your savings, then do this.
heliodor 13y ago
Because the 3% credit card fee is already baked into the price of goods you buy. You just don't realize it because merchants are not allowed to visibly offer a cash discount or charge a credit card fee.
- gaadd33 13y ago
  In many states a merchant can charge a credit card fee. http://www.practicalecommerce.com/articles/3894-U-S-Merchants-Can-Now-Charge-for-Credit-Card-Transactions http://www.practicalecommerce.com/articles/3894-U-S-Merchant...