₿eni₿idi₿ici on Nostr: Just saw an ad by Coinbase advertising “crypto” payments—not only do they not ...

Just saw an ad by Coinbase advertising “crypto” payments—not only do they not get the terminology right (it’s pronounced “ #bitcoin “, not “crypto”), but they say the credit card companies take 3% of the merchants profit

Credit card companies take 3% of a merchant’s gross revenues, not the profits. In a business with 30% margin equates to credit card companies taking 13% of the merchants profits

Get it right #Coinbase