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Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
aminorex
on
21/07/2014, 19:36:33 UTC
Quote from: JorgeStolfi on July 21, 2014, 04:59:19 PM
In general, payment from USD in your bank to USD in the merchant's bank via bitcoin cannot be cheaper than paying directly in USD
False dilemma. In practice, USD purchases are made with credit cards, and a payment processor skims ~3%