Re:Why Bitcoin Matters
by drcode on Tuesday January 21, 2014 @03:59PM
(#7098325)
That's misleading: A lot of those transactions are microtransactions (not possible at all with credit cards) so of course the % will look elevated.
[ Parent
| on HN ]
Dwolla has free micropayments (up to $10). Amazon offers special pricing for micropayments (5% + $.05) and so does PayPal (although it requires a separate account). If BTC price goes too high, the dollar costs of Bitcoin transaction fees will get pretty high as well. Anyway, here's an interesting article to read: http://www.bloomberg.com/news/2014-01-02/bitcoin-is-an-expen...