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I don’t think the merchant would pass on the savings to a customer. Mostly because it’s a tiny amount (2%) for the customer but that’s a huge amount across all transactions for the merchant. So the incentive would already be there for the seller to accept bitcoin like what Steak ‘n Shake has done. And I believe most Bitcoiners want to support the circular economy more than save 1-2% on a transaction so we are aligned as well.
2025-11-06 12:08:34 from 1 relay(s) ↑ Parent 2 replies ↓
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I think most Bitcoiners would be happy to support a circular economy... but, that's not a very big economy right now. What we need is to convince precoiners that it's in their interest to join that economy. That's not an easy sell to someone who's currently earning 1-2% cashback on their fiat credit - and would instead have to be paying 1-2% or more to CashApp (or whoever) to acquire the Bitcoin in the first place to hand over to the merchant.
2025-11-06 12:23:55 from 1 relay(s) ↑ Parent Reply