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It's a fee free way to effectively accept Bitcoin as debit cards. The local currency value of the transaction is deposited in the merchants bank account. The me
by natrius 12y ago
It's a fee free way to effectively accept Bitcoin as debit cards. The local currency value of the transaction is deposited in the merchants bank account. The merchant never needs to care about exchange rate fluctuations.
There's really no reason for a merchant not to accept Bitcoin at this point.
- StavrosK 12y agoAh, thanks, so it's like Coinbase's Bitcoin thing, except with no fees. Very nice. I don't much understand why people worry about the "free forever" part, though. Surely, if they become too expensive, you can just switch?
- wmf 12y agoI don't know if people are actually worrying or just bragging about how cynical they are. The whole "don't pretend you wouldn't sell out" thing is a HN cliche at this point.