@Super Testnet saw a post by you on Twitter talking about how credit cards don't charge for loans unless repayment is late so why should Bitcoin loan orgs? But CCs do charge 1-5% to the seller for the initial ~30 day loan period, which is equivalent to a 13% to 80% APR if you were to compound that period 12x in a year. That's about the same rate as Bitcoin loans.

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Super Testnet 8 months ago
> But CCs do charge 1-5% to the seller for the initial ~30 day loan period Are you talking about the balance transfer? I'm looking at this credit card ad from Bank of America and the only time it mentions a 1-5% initial fee is if you apply for their card and then transfer a balance-due from an old credit card to the new one: I also asked an LLM if credit cards charge interest to the seller for the initial loan period, and it says no image