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by rowyaboat
4387 days ago
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> The problem is the complete lack of benefits for customers. Costs of acquisition and spread will decrease as bitcoin adoption rises as it is a competitive market. And then low margin merchants will actively encourage bitcoin usage with discounts. |
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Also with cash back on so many cards now the discount would have to be >2%. Probably more like 3-5% for people to switch. The savings from not accepting credit cards won't make up for that.
Side note. Why did you create a throw away account just to comment on this topic?