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by mrgordon 3111 days ago
A better deal is a debit card (somewhat fewer protections but saves people probably a 1% fee on average) but unfortunately the banks have set it up as a tragedy of the commons where it makes sense for me to get my 1-2% cashback since the 2.7% credit card fee is already built into the price due to other people.

With regards to Bitcoin though, I agree you need a much lower fee coin to make it feasible. The lightning network brings the transaction fees on Bitcoin to zero though from what I understand so maybe thats the answer.