“For Hieu Bui, founder of Cashiecommerce.com, an online Bitcoin marketplace for very small businesses to buy and sell using the cryptocurrency, there are many why Bitcoins are here to stay, but one reason predominates. Bitcoins are valuable to merchants for the same reason anything else is valuable to merchants — they save money. Transaction fees sit around 1 percent for Bitcoin purchases, which is music to a small business’ ears. ‘Because there’s no central authority controlling Bitcoin — no Visa, no Amex — there’s no person owning it and the users can make the rates for themselves. And the owners have more or less settled on one percent,’ he told Forbes.”
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