Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Accepting Bitcoin for your business just like Tesla: Report
by
pooya87
on 17/06/2022, 05:17:21 UTC
⭐ Merited by BlackHatCoiner (2)
Quote
Merchants that accept crypto rather than credit cards for payments can expect to save as much as 3.5% or more.
This is not entirely correct because it depends on what it means by "crypto". If anyone accepts altcoins they are usually doing it through a third party that charges extra fees that would mean they lose 3.5% ore more not save on it and also since shitcoins are always dumping they are going to lose more if they receive them directly.

Quote
According to reading information, Tesla temporarily embracing Bitcoin as a method of payment for its products was conceivably one of the catalysts that pushed asset prices to record highs last year and put the spotlight on crypto legitimacy particularly in the realm of payments.
I disagree because this was not a major news, not to mention that Tesla is not a company that has that many customers in first place. It is not like a grocery store that everyone is visiting regularly! How many people are buying their very expensive products anyway and of those how many are paying with bitcoin?!!

Quote
Cryptocurrencies are believed to be in a phase of hyper-adoption
Wrong. Bitcoin is considered that not cryptocurrencies, in fact everyone considers altcoins to be a pump and dump overhyped nonsense.