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Re:Transaction Costs and Tethers: Why I’m a Crypto Skeptic by darawk on Tuesday July 31, 2018 @06:09PM (#17657705)
That's because up until recently credit card companies required merchants to charge the same prices. They had the power to do this because they are basically a cartel.

But yes, you're right. You would be paying twice, just like you're still paying once even if you pay with cash. This is a real problem, but it's not an inherent flaw in cryptocurrencies, IMO. Just a practical consequence of our existing financial system. That doesn't make it any less real, but it's "not Bitcoin's fault" so to speak.

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