Once the technology is there, this will be way too easy
There is no reason that a payments company should collect 4% on every transaction, that is literally insane in today's world.
This entire industry is ripe for disruption.
As soon as the technology (and laws) are there, this will be way too easy to disrupt:
(Source: ~~~ embed:1233742890569998337) twitter metadata:Z2Fib3JndXJiYWNzfHxodHRwczovL3R3aXR0ZXIuY29tL2dhYm9yZ3VyYmFjcy9zdGF0dXMvMTIzMzc0Mjg5MDU2OTk5ODMzNyl8 ~~~
This was taken at a local breakfast joint.
Once bitcoin (or some other crypto) is ready, it's game over for credit cards.
It will be like taking candy from a baby!
They should have been dropping their fees heavily in anticipation of what is to come... but they didn't.
Greed kills.
Stay informed my friends.
-Doc
If more companies would encourage cash sales and avoid the 3.99% charge levied by MC & Visa........A complete scam by the credit card companies........Bring down the banksters.......turn fiat into precious metals & crypto........bring down the FED
Posted via Steemleo
Can you believe this business accept #steem?
zero transaction fee and 3 seconds transmittal exchange.
There is opportunity pretty soon
Posted via Steemleo
You are right but everybody who does nothing knows tgey deserve their cut
They only get it because no one has developed a better alternative... yet.
33.17 .826 .200
45.14 .797 .193
14.98 .784 .178
32.31 .792 .173
42.73 .840 .217
I disagree. People love leveraging out and kicking the can down the road. With crypto you basically have to have the money. That is a foreign concept for most.
Posted using Partiko Android
For now. I am sure they will find ways to extend credit, and rehypothecate, and leverage etc etc etc.
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