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Re: Why would customers use Bitcoins?
by
RodeoX
on 04/05/2016, 13:54:52 UTC
I don't see why "cheapest, fastest, most secure" is not enough? I have saved hundreds of dollars in fees.


Say i buy an Oz. of gold from Amagi (or whoever). It is $1350.58 if I used a credit card. If I instead use bitcoin I pay only $1311.37.

If I pay with a credit card the seller has to wait for verification to send with confidence. If I pay with bitcoin the money is theirs within an hour and they know it can't be clawed back.

If I pay with credit card I must expose all the information needed to steal from me. If I pay with BTC the seller does not even know who paid. Which is no big deal for them.