“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.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
China slaps cap on overseas UnionPay cash withdrawals
Leszek Balcerowicz: The Anti-Bernanke
Once Again, Police Who Shot at Innocents Will Get Their Guns Back
Argentinian vet designs $3 IUD device to boost beef production
Amazon.com gets $252 million tax bill from France
German spy service to monitor Internet traffic ‘as closely as possible’
Why the Working Poor and Banks Are a Bad Match
Watson supercomputer’s next feat? Taking on cancer
France backs action on Syria as U.S. seeks coalition
Americans: 'Online Surveillance Is O.K. For Most'
Far-right and anti-fascists face off over London soldier murder
Obama Says Bernanke Has Been at Fed ‘Longer Than He Wanted’
Drone strikes are an order of magnitude deadlier to Afghans than manned aircraft
Realtor.com: Will You Be Buying Your Next House With Bitcoins?
There They Go Again: Fed Officials Give Rate Timetables