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freedomist / perceived
npub1hm4…e582
2023-12-24 00:46:07
in reply to nevent1q…880e

freedomist on Nostr: That’s the processing fee that visa charges merchants, not buyer. But some ...

That’s the processing fee that visa charges merchants, not buyer. But some merchants pass it on to buyers instead manually.

Reasons merchants have told me in the past they don’t support bitcoin:

1. Volatility compared to denomination in fiat.

2. Treatment for tax is uncertain.

3. General distrust of crypto, and Bitcoin placed in that basket.

4. Many govts have made it illegal for business to accept Bitcoin as mode of transaction.
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