Re:The Ethereum merge is done
by psychlops on Thursday September 15, 2022 @07:28PM
(#32859841)
So because your losses are comfortably socialized, it's a good system?
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Yes? I don't see how helping my fellow citizens, and myself, at a vanishingly, immeasurably small cost to myself is a bad thing.
I agree with your sentiment, but my credit card fees are definitely measurable.
Mine are minimal; I pay no annual fee and no interest if I pay off in time. So they're effectively just the transaction overhead, which debit demands as well.
Minimal in terms of direct costs to you, but merchants pay 2-3% on EVERY transaction, and I can guarantee you that does end up baked into the prices you pay.