Re:A Prediction: Bitcoin Is Doomed to Fail
by dinkumthinkum on Wednesday November 27, 2013 @06:11PM
(#6811863)
Do you not see how this makes bitcoin irrelevant. What do the merchants do after they take the payment, now they have worthless bitcoins.
[ Parent
| on HN ]
Re:A Prediction: Bitcoin Is Doomed to Fail
by weavejester on Wednesday November 27, 2013 @06:31PM
(#6811969)
Most Bitcoin payment processors provide merchants with direct bank deposits. It's really little different to using a credit card processor, except the rates are cheaper and the audience smaller.