first good answer and shows merchant adoption is actually still good for something. Well, maybe there is hope if the merchants are stupid enough to accept bitcoin as volatile as it is.
The businesses I have helped LOVE bitcoin now. There is no reason to face any price swings. You could use a payment processor and give up 1% for the service. That's better than the 3% you give up to a credit card. Bitcoin also allows some businesses to capture new markets. Look at this place I know.
http://centraltexasgunworks.com/ ...
Does the nug store offer a discount for using Bitcoin? (link pls)
If not, none of my CC charge me the 3% fee you claimed.
Once again, Bitcoin is more expensive to use than CC
im pretty sure hes talking from the merchant perspective.
also i think in the end you as the consumer will have to pay the fee because it is already priced in
/edit
btw there are actually some good discounts from big merchants (overstock,dell what i remember right now, also im pretty sure that i saw advertisments of other merchants)
If the retailer is not passing the savings on to me, I'm not interested. I'm sure most consumers are not, either. Dell offers no discount for using BTC. Further, Dell redirects buyers to Coinbase.com, so Dell's not accepting Bitcoin--it is accepting fiat via Coinbase, a payment processor that does.
Not sure how Overstock does it, but I'm sure it's about the same--a cursory glance mentions Coinbase.com. Overstock also offers its own plastic, giving you savings galore. I'm sure substantially better than whatever promo they ran for Bitcoin. If BTC discount is offered, it is certainly unadvertised
So yeah, chalk up another win for CC
