Post
Topic
Board Bitcoin Discussion
Re: Fees and payments
by
SamReomo
on 05/12/2017, 22:35:05 UTC
It is very sad but true. if someone is trying to buy something low priced then the Bitcoin fees are way more than credit card fees. However, if you someone is trying to buy something high priced then Bitcoin fees are way cheaper than the credit card fees. When it comes to Bitcoin, the consumer is the one who will pay the fees even if the seller is negotiable.

Bitcoin should deduct less fees in order to be more usable, and it will be even more great if the fees become less than 1% overall. Who knows that in future there might not be such high fees as of today, and there might be chances when someone could buy low-priced things with Bitcoins without rethinking about the fees.