Comment by rrggrr

Confirms for me that Bitcoin is on track to disrupt credit card payments, possibly ACH/Wire, and not to be a replacement currency. Credit cards handle about 3.6 trillion/year in transactions. With 3% per transaction fees, chargebacks and equipment costs -- there are plenty of reasons for merchants to increasingly accept BTC provided companies like Coinbase are prepared to take the BTC market risk by sweeping BTC into local currency.