Post
Topic
Board Bitcoin Discussion
Re: Visa and Mastercard decided to increase their Fees.And there is nothing y can do
by
aceptamosbitcoin
on 17/02/2019, 18:28:33 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.

Not really.
Most of the population never used and will never use crypto of any kind. Even we, crypto users, usually are ending up with crypto - fiat conversion and paying with Visa/MC.
Nobody (big) retail will waste it times to make a special discounts for the tiny crypto population. Time is money.