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Apart from, you know, the Bitcoin transaction fees. Plus the fees to convert money into Bitcoin.

• illumen 12y ago
  Plus fraud costs.
  • lightlike 12y ago
    what fraud costs? please elaborate
  • yebyen 12y ago
    What fraud costs? Bitcoin transactions are (basically) irreversible. You either received them or you didn't, and if your policy is to allow refunds to your customers (when they report a fraud or for any other reason) then all you have to do is send it back. So, what fraud costs?
• lightlike 12y ago
  bitcoin transaction fees do not depend on the amount transferred. for a standard p2pk transaction of any amount the fee is less than 50 cents https://en.bitcoin.it/wiki/Transaction_fees https://en.bitcoin.it/wiki/Transaction_fees
  • mike_hearn 12y ago
    Less than half a cent, actually. Many people pay more than they need for no real reason.