Post
Topic
Board Development & Technical Discussion
Re: About block size limit and transactions fees
by
PrimeNumber7
on 24/08/2021, 17:58:05 UTC
...
Actually, you're wrong. The merchants will usually not charge the transaction fee to the customers.
Alas they do in all cases, some obvious and some not so obvious.

Some may say it up front on a sign and request that extra % as Fuzzy mentioned.

Others it is as simple as part of their business accounting.
All businesses that aren't going broke yesterday, will know their costs.
It is simply yet another cost to cover in their price.

According to https://ycharts.com/indicators/bitcoin_average_cost_per_transaction, for bitcoin, the avg cost per transaction was 231.90 USD yesterday (inflation + commissions), which is a lot higher than the avg cost for a CC transaction.
Why are you adding the cost of inflation to bitcoin transactions? The cost of inflation is generally not included in credit card transactions. If you are spending coin, you are going to be unaffected by any inflation. You might argue you are affected via any coin you don’t spend, but this is also true for USD based transactions.