Re:Bitcoin market cap now +$200M as prices keep rising
by wmf on Thursday January 24, 2013 @03:44PM
(#5112087)
"Zero fees" is misleading. Merchants are likely to convert BTC back to real money which will incur fees. Exchange rate volatility (oh look, down 3% in the last 5 minutes) and conversion losses due to poor usability are effectively fees as well.
Zero fees!
Essentially it allows anyone to sell physical and virtual (digital downloadable) goods and charge either normal currency or Bitcoins - leaving choice to customer.
Now I have to find a time to put it online....