Re:People don't want to run their own bank
by mitchdoogle on Friday February 04, 2022 @12:04PM
(#30209424)
And they bake in the losses to their pricing, as well as banking fees up to 3% or more. I've seen vendors online offer substantial discounts for using cryptocurrency as payment.
Re:People don't want to run their own bank
by jjeaff on Friday February 04, 2022 @03:21PM
(#30212505)
There really aren't many online vendors that accept crypto that I have seen. And if they want to avoid views, the fees for a debit card are lower than most crypto transactions at this point.
Re:People don't want to run their own bank
by notch656a on Friday February 04, 2022 @12:28PM
(#30209765)
>I've seen vendors online offer substantial discounts for using cryptocurrency as payment.
This is actually my 100% use case for crypto. Making legal online purchases at a discount to avoid credit card fees, not retarded speculation or the spectre of crime all the nay-sayers worry about.
Re:People don't want to run their own bank
by xigoi on Saturday February 05, 2022 @04:00PM
(#30225968)
Since when are transfer fees smaller for cryptocurrency?
Re:People don't want to run their own bank
by notch656a on Sunday February 06, 2022 @10:55AM
(#30233640)
Most online metal bullion vendors. Usually I only buy on the occasions they wave crypto fees; but even when they don't it's virtually always cheaper than the CC/Debit option. Compare CC to crypto price on APMEX for example.
The answer is yes for almost all businesses I've seen.