Quote from: aurora on November 16, 2012, 02:33:27 PM

Quote from: Daily Anarchist on November 16, 2012, 04:10:27 AM

The truth is that they can now start accepting payments with only a 0.99% fee charged by Bitpay instead of a 3% + $0.30 fee by paypal and credit cards.

Capitalism wins!

you cant compare paypal and bitpay like that. Bitpay charges almost 3% to have your funds in USD. ...SO its pretty close to paypal fees..
But there is company called Samplepay charges only 2.8% for cc transactions and no other fees just monthly

But zero chargebacks. Plus, WP doesn't have to convert to fiat. I'm sure they always need stuff for their office. They can head on over to Memory Dealers and make purchases. I'm also pretty sure that they may have cash prizes for their employees as incentives. They can now award the winners with Bitcoin.

Since Bitcoin will only be a small part of their income at first, they can simply amass them until the value goes up, cashing them out latter, thus overcoming the vig. In fact, they win even if they don't cash out a single coin before the price plummets, because they have added subscribers without using a cent of advertising. Genius!

~Bruno K~