RE: And they say cryptocurrency adoption is slowing...

You are viewing a single comment's thread from:

And they say cryptocurrency adoption is slowing...

in bitcoin •  7 years ago 

The reality is that most of the card processors charge a very high fee to merchants that already have squeezed margins. They need to deal with them as most people now prefer plastic to paper. Cryptos are were the cards were 20-30 years ago where every merchant accepted cash but not all had yet adopted cards. The same story will repeat itself as consumers look for efficient ways to settle their transactions.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Interesting thoughts. I could see that. Nice comment.

You make a very good point! Sometimes people forget (or simply don't know) the history of things and have a difficult time seeing the future or new things that are similar to the older things. Its helpful to be aware of the past.