Re:An estimate of the real savings for merchants from Bitcoin
by ronaldx on Saturday February 08, 2014 @04:23PM
(#7202805)
It depends. A high-volume, low-margin retailer would save a huge amount from 20% on transactions.
If Amazon were motivated to take on the risk of building the infrastructure, this could happen quickly. But, they have other things to focus on, and I doubt they would make the calculations in the same aggressively optimistic manner.
If Amazon were motivated to take on the risk of building the infrastructure, this could happen quickly. But, they have other things to focus on, and I doubt they would make the calculations in the same aggressively optimistic manner.