Post
Topic
Board Bitcoin Discussion
Re: Is Facebook about to embrace Bitcoin?
by
ANTIcentralized
on 24/07/2014, 22:15:05 UTC
Why would they adopt BTC? They have a proprietary money transfer system with credits.

And, they could easily sell those credits currently via PayPal, giving up ONLY $.30 + 2.9% per transaction, not to mention charge backs. If ONLY their were a cheaper way!
They already simply use credit cards for their "credits" so I would argue that the credits are used to keep costs for accepting credit cards down.