This boarders on self-promotion but I'd like to say, "Bitcoin fixes this".
We're launching Bitcoin payments available to every Square point of sale with 0% transaction fees for next year. 1% after that. Available Nov 10th. [https://squareup.com/us/en/releases#bitcoin]
My sincere hope is it catches on and helps out small business. The difference in fees can really add up, and with near instant settlement to dollars on the backend, the merchant doesn't even need to hold or think about Bitcoin unless they want to.
The fine article talks about stablecoins, but in my biased opinion those are much more complicated than Bitcoin to deal with right now.
We're launching Bitcoin payments available to every Square point of sale with 0% transaction fees for next year. 1% after that. Available Nov 10th. [https://squareup.com/us/en/releases#bitcoin]
My sincere hope is it catches on and helps out small business. The difference in fees can really add up, and with near instant settlement to dollars on the backend, the merchant doesn't even need to hold or think about Bitcoin unless they want to.
The fine article talks about stablecoins, but in my biased opinion those are much more complicated than Bitcoin to deal with right now.