Post
Topic
Board Bitcoin Discussion
Re: Visa and Mastercard decided to increase their Fees.And there is nothing y can do
by
pooya87
on 16/02/2019, 04:07:00 UTC
i want to raise a question regarding this, do you think it is a good thing for bitcoin?

them increasing fees they take from merchant to process their transactions means merchants have to increase their prices to cover the difference if they don't want to lose money or eat into their profit.

on the other hand using bitcoin doesn't have that fee. so if they get paid in bitcoin they can offer their goods at a "discount" and that can create incentive for people to make payment in bitcoin hence increasing adoption.