Quote:
Originally Posted by Barry-xlovecam
I don't need to depend on a mastercard, visa, or SEPA forum for my customers to understand how and where to spend their money -- get it?
When, and if, more people use these digital currencies then they will know how and where to spend them -- this is a classic ''chicken or the egg'' .
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Yes. it is an chicken egg problem.
But the other problem is that american merchants often think that the whole world only will pay with credit card.
They don't accept that most of the word don't have credit card.
Explain to an american how Direct debit works in Europe and that this is the most usefully payment option in Germany.
There are so many other regions on the world without an working banking system but with an working internet infrastructure.
Look to Asia or Africa. They use Bitcoin but they don't have credit card or something similar.