https://gfy.com/showthread.php?t=1102255
Quote:
TL,DR - because bitcoin cuts out the percentages of credit cards and banks, pressure to switch may be intense. Because it's inherently limited, can't be "printed", and must be "made", the pressure to increase it's value thru competition may be intense.
Thus, driving up individual bitcoin value.
It seems to me this opens up a niche for fractional bitcoins.
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The key to their attraction is, no involvement, and thus no margin, by banks, processors, or credit companies.
I was like - "hmmm" - when the offshore prescription companies started to accept them, and even offer special preferential deals for bitcoin spenders.
downside for porn biz - no recurring. but, recurring is a dying model anyway.