I can send 2000$ for 7.5$ so 0.3% fee
then i buy le bitcoins for 0.8% fee
so i encounter ~1% fees
Not bad.
How much fees do you think Starbucks is charged for credit card purchases?
(hint - less than 1%)
Advantage for Starbucks to accept Bitcoin then? None.
oh idk about that some stores will not allow me to use my CC unless i buy 15$ or more of stuff.
but the use case I illustrated Starbucks isn't included with le bitcoins and bitcoin users get 20-40% off at Starbucks
you get a Starbucks gift card, but you don't want coffee you want a more potent drug?
NO PROBLEM!
liquidate your Starbucks gift card for bitcoin and buy le durg!
the person that buys the Starbucks gift card is happy he got a discount
the person that sells the Starbucks gift card is happy he got BTC fast