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It doesn't handle fraud in the form of not receiving what you paid for... as a consumer, you can issue a chargeback right now. That doesn't exist for bitcoin, s
by schrodinger 13y ago
It doesn't handle fraud in the form of not receiving what you paid for... as a consumer, you can issue a chargeback right now. That doesn't exist for bitcoin, so until we factor in another layer that provides that protection, you can't compare the 2.5% credit card fee to the bitcoin fee.
- drcode 13y agoThis is a fair argument. You would use a bitcoin service like bitrated.com in this case that also carries some cost.