Wasn't antagonistic till the hobby comment. Was truly surprised they charged virtually the same as paypal. I had already stuck my neck out with proposals to two different boards of directors to consider their service. My bad for not completing my homework before talking. Hope I keep the cards closer to the chest from now on and keep quiet about the possibility of using bitcoin as a payment alternative to paypal and major players like my *former* one that you seem to think I still work for.
BTW in my limited experience most start-up companies offer a pricing scenario that *undercuts* the existing marketplace.
The lack of outrageous fees is part of what attracted a few of us to bitcoin in the first place.
BTW in my limited experience most start-up companies offer a pricing scenario that *undercuts* the existing marketplace.
The lack of outrageous fees is part of what attracted a few of us to bitcoin in the first place.
You know, one problem is that companies want to be paid in USD, not in bitcoins. The other problem is that bitcoin prices fluctuate a lot. When you mix these together, it becomes hard to establish prices.
So yes, with 3% fees, companies won't be able to lower their prices. However, they can earn money from bitcoin buyers (if they are interested
)