Post
Topic
Board Bitcoin Discussion
Re: BTC costs the consumer money
by
DannyHamilton
on 18/01/2015, 19:05:39 UTC
If you buy BTC with a credit card . . .
- snip -

Then you are "doing it wrong".

That's just a horrible idea.  Please don't do that.

Since Bitcoin is a "digital cash", perhaps you should use a more similar comparison...

If you buy cash USD with a credit card, and then use those USD to purchase something, what fee will you pay when using your credit card to get the USD.  In most cases it will be significantly more than 1.5%.