The insane thing about Bitcoin’s continued popularity is that out of all the thousands of cryptocurrencies out there, it’s easily the worst in every regard.
I’m not going to name names for fear of being called a shill, but if you want a cryptocurrency for just buying stuff there’s a ton that are more stable, faster, don’t cost a fortune to process, and don’t destroy the planet.
Sure, lets replace a regulated scam with an unregulated scam, that will solve things /s
Last time I checked, BTC transaction fees were prohibitively high to pay for 80$ AAAA games with them, and WAY too high to pay for a 5 USD single-developer itch.io game.
I haven’t looked at other Crypto in a while. I made some money off BTC, but I think it is wildly overvalued for a long time, and I’ve been disappointed in how un-currency-like other alternatives were, even those that have been around long enough that they are unlikely to be rug-pulls.
That said, if you need to get paid and Visa/MC won’t let you use them, I’m not going to attack you (too hard) for accepting Crypto. They are bad systems, but we live in Captialism, so you gotta get paid. They might be the least-worse system that is global and isn’t Visa/MC. I’m unlikely to buy your product that way, tho; I’m more likely to pirate than I am to participate in cryptocurrency again.
Crypto remains a pyramid scheme masquerading as a resistance against tyranny
Ironically you know what ACTUALLY protects from powergrabs by payment processors? A fully centralised, government backed form of digital cash that is fully equivalent to paper money.
Ask a Brazilian about pix. Super low fees (often feeling non existant). And transactions can’t be invalidated on the whims of a corporate board. For something to not be buyable by pix it has to be illegal, thus having to go through every layer of checks and balances a democracy has.
The problem with visa and their ilk is that finance has been privatised. Too much power in the hands of corporations that have deftly dodged regulation that would keep them neutral and honest. Thinking privatising things further and turning everyone into a fully unregulated petty digital landlord is gonna solve anything rather than make it worse is foolhardy.
Credit card companies should be nonprofits under democratic control.
Lmao, crypto tech bros coming out of the woodwork trying to get popularity for their bag holder’s game…
Also pretending that shit hasn’t been bought up by wall street
What? They have like 5%. You should revisit your stance
Isn’t this a right wing meme about centrists, but with the text changed?
The Bitcoin side wouldn’t catch you, because that interferes with the user’s choice to hit the ground.
Both sides are bad
Yep. Just because one side is bad, it doesn’t mean the other is any good.
Cryptocurrency is still dependent of a pyramid scheme and criminals-enabling. Credit card companies are still a private owned government branch with no concern for human rights and criminals-enabling.
I learned recently FedNow is a payment processor ran by the Federal Reserve, with a fee of $0.043 per transaction. Making it much, much cheaper than every other payment processor out there.
It just launched two years ago; I’m wondering if this might become more of a thing moving forward for digital payments.
Say that any louder and it’ll be DOGEd overnight.
You pay fees for transactions?
Every digital payment has transaction fees, yes.
Credit card transaction fees for vendors are generally 1-3%, for example.
Every digital payment has transaction fees, yes.
If you say so.
Which digital payment doesn’t have transaction fees?
Credit cards (vendor side), debit cards (vendor side), and crypto (consumer side) all have transaction fees. Paypal, venmo, etc all make their money from (vendor side) transaction fees as well. Is there a different type of digital payment you are using that doesn’t have transaction fees?
It’s also a heck of a lot quicker to process, (effectively instant) and works even on holidays.
And of course, banks like Bank of America, Capital One, and tons of other financial institutions simply refuse to use it, because that would mean spending money on changing their infrastructure, and making it more convenient for people to also use accounts outside of theirs.
Seriously, it’s been ages, and they’ve refused to use it at all, even though it’s purely a financial and technical upside for every user once it’s implemented.
Nice but floundered. Call me when consumers and small businesses can use it.
Yep, but cryptocurrency isn’t dictating what you can spend with it…yet at least. So if no government does anything to help us, then we must adopt a cryptocurrencies like Monero to fight back against censorship as nothing more than a private citizen.
Criminals-enabling is what they call VPNs, E2EE encrypted communication etc.
more and more good people are being called criminals
Cryptocurrency is still dependent of a pyramid scheme and criminals-enabling.
As we all know, Visa and MasterCard have never been used by criminals. As soon as a criminal touches a card, the card turns into ash.
Reading isn’t your strong suit, is it?
deleted by creator
This. Corporate shit weasels or supporting human trafficking.
“We should restrict the free use of oxygen because terrorists can breath it to sustain themselves.”
C’mon. Crypto has issues, but this ain’t one of them. Pandering to people’s fear is how fascist seize power for themselves and perpetuate the horrors we feared in the first place.
is the main problem with crypto who is on control? Bc it seems like ultra rich people. I have yet to see crypto become something people can do for themselves. You have to have the fastest gpu to solvw the puzzle first and get the coin, right? Maybe hierarchicalization is the problem.
Ugh, the “both sides” argument again… /s
Yes let’s definitely side with the scam that’s been around for two decades and its only practical use is to rug pull chumps yes this is good advice
Crypto is to peacocking men what MLMs is to american housemoms.
If you do not know a lot about “crypto” then I would say the main thing to understand is that there is Bitcoin (not owned by any single entity) and then there is everything else. Other “coins” are owned by corporations that can make decisions about it and change it to some extent. These are extremely risky.
Bitcoin (btc) does have risk but much less. It is not owned by any company or person or country. It is like the internet, only exists because tens of thousands of internet providers(miners for Bitcoin) around the world make it possible. Bitcoin has, in its codebase, a limitation that any change must be agreed upon by 95% of these providers(miners). This way security patches and bug fixes can be added because everyone agrees those are good. Other harmful changes would never reach 95% agreement therefor could never be implemented. There is a limit of 21 million Bitcoin and this number can never increase unless 95% agree to it… which they never would. This is in stark contrast to normal money which is constantly printed(at random rates depending on who happens to be in control at that moment) so that the supply increases making its value drop.
Scamming happens with cryptos, Bitcoin, euros, dollars,yuan… and always will.
Bitcoin bros are acting like little pushed around victims now?
Neither side makes good points except about how the ither sucks. There arent any.
Yeah, but one is extra bad for our enviroment while being a scam.
That’s what i thought, too. I would never believed if someone telled me some years ago that there will be another scam (ai) that wastes even more power.
Just wait until somebody proposes an AI powered blockchain…
The ultimate techbro venn diagram.
💀. Thats darker than anything else.
Stop giving them ideas
I seriously thought your punchline was going to be the pacific garbage patch from all that extra consumption we’ve encouraged.
I am NOT a crypto fan, but not all cryptocurrencies are bad for the environment. Ethereum is proof of stake.
totally agree re bitcoin, and also am very sceptical of crypto as a mass-adopted currency in general
however there are plenty of networks that don’t use proof of work to validate their chains, and they aren’t bad for the environment to nearly the same degree
They are still very unstable and rely on some sort of consensus. It is flat out a bad design. It would be safer to pay with stocks.
consensus is basically what all modern databases rely on… it’s not unstable; it has properties that need to be well known and accounted for
The problem is using that for something world wide with no backing by anything material.
It is unstable by nature
i tend to agree for mass-adopted currency, but mass currency is only 1 use case for blockchain
things like bank to bank transfers (think a replacement to swift: with semi trusted entities like a big group of banks, the proof functions can be both extremely efficient and fast whilst remaining scalable and distributed so nobody has control… of course this would be a private network, but every bank involved can audit and sign off on transactions)
blockchain at its core is an immutable log between untrusted parties… it can be used to prove a particular thing happened at a particular point, in situations where people don’t even trust governments etc to maintain accurate records
it’s too big and cumbersome to be used by everyone in the world for payment, but it’s a good facilitator of some niche things that most people won’t have any idea about
the technology is solid; it’s just very limited, and the most “profitable” and marketable uses are also the most ill-suited
Why use them and not… normal fiat currency?
No bank or goverment can control it. It is the benefit of being able to send money to anyone around the world while maintaining ownership of your money as if it were cash in hand.
That is exactly the problem. It has no real value as the entire thing is propped up by chaos. It could be worth a trillion dollars one day and then nothing the next.
Banks or governments as opposed to who though? There’s a reason we usually want those publicly owned and regulated institutions to handle our transactions. Obviously, it depends what country you live in, and what currency you’re talking about. But I don’t think Bitcoin or any other cryptocurrency actually solves the problem it purports to.
Ideally, no one controls it. It’s just exists as a medium for exchange.
There are both good and bad points to currency have value that can be adjusted by gov’ts; crypto currency solves one set of problems, but has it’s own, inherent issues.
You’re not really selling it for me, which I guess is the point aye? 😂
What I imagine as ideal is an open-source and transparent bank and payment system that issues its own currency backed by ties to its investment portfolio that is properly regulated by its host country. i.e. you would use their currency to trade among others on the platform according to the percentage value of their portfolio that you own as measured by the currency to which you which to convert your holdings for a given purchase. You could select different tiers of risk if you’d like your “savings” to grow in value over time but experience potential dips or even loss of value if there is major market stability.
I am not an expert on such things, but this at least has real links to tangible asset worth, and isn’t based on the artificial scarcity of an increasingly unsolvable math problem.
this at least has real links to tangible asset worth,
Well, kind of. But the worth of those assets is largely due to perception, rather than real utility value. Like, real estate is stupidly expensive in many places, but it’s expensive because people believe that it’s expensive. When real estate bubble burst, you see the ‘worth’ of that real estate drop sharply. The utility value is having a place to sleep, but it’s often treated as an investment. So you would still see currency value fluctuations. Currency issue by gov’ts largely has worth because the gov’t says that it has worth; it’s not tied to anything. (BTW - tying currency to a tangible asset limits your ability to add currency when necessary. It will tend to lead to depreciation–the value of the currency rising–which is usually a bad thing.)
The other problem is that corporations and banks go bust; if they were issuing currency, that would mean all your money would instantly be worthless.
Anti-inflationary to keep cash in BTC as opposed to sitting in an account at a bank
Until some guy in LA hires a bunch of moonlighting police officers to steel your laptop
Yup, just like cash.
To an extent cryptos only value is it can be turned into currency.
And therefore no recourse if you are robbed, scammed, etc. Try going to your local, or even federal authorities and explain to them that you lost the digital equivalent of $10000 and they won’t do a thing.
You can opt in to an arbitrator before sending the money.
And that helps you how in the event of a theft?
It prevents the theft in the first place because they’d need to hack two parties instead of just one.
- You’re a criminal who wants to evade tracking by law enforcement
- You live in a country subject to sanctions and need to move a large sum of money transnationally
- You are the tinfoil-hat type who doesn’t trust Government-issued money for one of many real or imagined reasons
- You want to make digital purchases while staying relatively anonymous
- You’re a gambler who went all-in on crypto and are hoping it will increase in value later on
- You just think it’s more fun to pay with futuristic magic Internet money (yes, some people actually do it for this reason)
- You are a business in a (the) country whose laws legally require the acceptance of Bitcoin
- You’re not a criminal, but you fear the definition of ‘criminal’ might change in the future
- You want to get rich
i do think they hold some value for things like bank to bank, where each party is kiiiiind of untrusted and unrelated (not on a public chain - it’s just a private consensus between collaborating parties)
it also undeniably provides payment outside of standard card networks and the finance sector (people have been using crypto to buy drugs for decades now), so can be used to circumvent things like this mastercard/visa morality police garbage… i think in that, it’d be useful to have a strongish cryptocurrency somewhere at least to be able to provide uncensorable competition (the alternative to that being some global EU network that everyone accepted in the same manner)
but i think the value in blockchain in general is minimally about currency: that was just the first implementation… it’s a distributed, trustworthy log between untrusted individual entities. the benefits of that are honestly pretty niche, but i think it does solve some valuable problems… just most people should never even know that blockchain was involved
Fair points, cheers.
Over 52% of the bitcoin network is renewable energy and growing. Y’all need to update your info, damn
Yes, but that still means that the other half is fossil fuel.
Bitcoin mining’s distribution makes it difficult for researchers to identify the location of miners and electricity use. It is therefore difficult to translate energy consumption into carbon emissions. As of 2025, a non-peer-reviewed study by the Cambridge Centre for Alternative Finance (CCAF) estimated that bitcoin consumed 138 TWh (500 PJ) annually, representing 0.5% of the world’s electricity consumption and resulting in annual greenhouse gas emissions of 39.8 Mt CO2, representing 0.08% of global emissions and comparable to Slovakia’s emissions.
I think people should really reconsider using PoW cryptocurrencies. Ethereum was able to reduce their energy consumption by 99.95% by switching to PoS and it’s still doing fine. IMO Bitcoin is outdated technology that is just used as a pyramid scheme due to its name recognition.
Compared to our current system though? How much does the entire banking and credit card industry contribute to emissions for almost the same service? Bitcoin incentivises energy companies to mine BTC with excess energy.
The current systems used by VISA use significantly less energy compared to PoW cryptocurrencies such as Bitcoin
Ethereum was able to cut their energy usage down drastically by moving away of PoW. Windmills and clean energy aren’t the solution, getting rid of PoW is. Why build more solar farms if you could just not use so much electricity?
BULLSHIT.
You aren’t computing the cost in blood, censorship, wasted time, the lives employed by these evil orgs wasting their lives scamming people, the loss of revenue from value-producing business, the waste of banking cards, and the COUNTLESS other energy-guzzling mechanisms involved.
Bitcoin eliminates ALL these problems. It is by far more efficient, it isn’t even close. Also, it isn’t a payment system like visa, what an ignorant ass comparison. It is literally a sovereign currency with publicly auditable minting & ledgers. It replaces MONEY. Payment processors are built on top of it.
Yea, even the shit visa and mastercard can switch to payment processing on top of Bitcoin. It would actually be beneficial. When they decline a transaction you just directly use the network instead.
Btw PoS is also bullshit, in a completely different and inferior class of crypto. It requires HUMAN CONSENT to enter the network. PoW requires COMPUTATIONAL CONSENT. PoW lets anyone into the network if they can follow the rules of minting. This is HUGE when talking about a freedom-preserving system.
Put more simply, PoS systems are aristocracy owning an apple orchard (you ask an authority if they are allowed to take an apple), PoW is like an apple orchard deep in the woods that anyone can take from (you just have to walk there). Understand the difference?
One OWNS THE ORCHARD. They will protect it from people they deem unauthorized. They demand people go through them for permission. It is no different than what we have now, abstracted further and digitized.
What a bunch of bullshit Bitcoin is not more efficient and gets less efficient the more coins get mined.
Yeah, somebody hasn’t refreshed their browser since 2010.
Btw PoS is also bullshit, in a completely different and inferior class of crypto. It requires HUMAN CONSENT to enter the network.
That is specific to delegated proof of stake, not PoS in general.
Proof of Stake = I have a stake in preserving this network, and I am rewarded by receiving an increased stake in the network.
You cannot organically enter a PoS network without having a stake in it. That requires acquiring the network’s token somehow. That means you must use a different token to purchase it, do work for someone who will pay you in it, or otherwise perform an operation organized by people in order to acquire the token to have a stake.
That’s what I mean by human consent.
I think I haven’t explained myself properly. I will admit it seems bitcoin uses more energy in this case. However, we’re comparing Bitcoins entire currency system with that of a processor of fiat. I’m on mobile right now but I would like to see that comparison for arguments sake, bitcoin ecosystem vs fiat ecosystem (including mining, storing and transport of gold)
Ah, moving the goal posts, aren’t we?
Did you know that gold has nothing to do with the fiat ecosystem? In fact, the whole point of the word fiat in fiat ecosystem means that it is not based on gold at all. And if you include gold in the equation because some people use fiat to buy or sell gold, then you need to include gold in the energy costs of bitcoin as well, since people also use bitcoin to buy/sell gold.
They’re not moving the goalposts.
How much does the entire banking and credit card industry contribute to emissions for almost the same service?
The current systems used by VISA
bitcoin ecosystem vs fiat ecosystem
Ah, moving the goal posts, aren’t we?
fiat ecosystem (including mining, storing and transport of gold)
Gathering / transporting valuables is not a part of the fiat ecosystem. The value of fiat currency does not depend on any underlying materials (like gold, silver, etc.) like the currencies before.
So does the fiat system then get added to Bitcoin? Since it’s only value is it can be exchanged for fiat currency.
BTC can be used like fiat so no?
Don’t engage with these ignorant assholes man, they are all in banking’s pocket. We are at war, you know that right? Who the hell would be this passionate about protecting a slimy, evil ass legacy network without any audibility, responsible for countless wars, death, usurping of democratic governments, literally the death of this planet via global warming…
Traditional banking supports and incentives genocide.
It supports and incentivizes oil.
It shut down nuclear power.
It limits renewable power.
It is the engine of our destruction.
Do not justify yourself to it. You are the correct one. Anyone who cannot see this will never see it now. Leave them on their path to die. They will go down with the ship. I feel for them, but it is too late now.
they are all in banking’s pocket.
The fastest way to render your point invalid.
Don’t engage with these ignorant assholes man, they are all in banking’s pocket.
Shit you got me, you ruined our perfect psyop!
Oof yeah I looked back and noticed I’m arguing on memes😵💫 it’s amazing we’re on the fediverse but they can’t see the parallels
I think what I’d suggest is that the entire global banking and credit card industry is likely to contribute more in total to our climate catastrophe, just due to the difference in scale between that and a relatively small and lesser-used alternative like Bitcoin.
I do see where you’re coming from for sure. I just think it’s worth noting where it is and where it’s going given it’s managed to grow to 52% in an anti bitcoin world. If bitcoin allows to be “legitimatised” I think those goals are achievable
Bitcoin well never be legitimized it is to volatile.
There is no excess energy though. They wouldn’t be making that energy if it wasn’t for Bitcoin.
I’ll see if I can link it but some companies do, I think specifically it has to do with renewable energies but don’t quote me on that
I think they’re referring to renewables that otherwise wouldn’t be cost effective.
Now those windfarm can be batch processing AI instead of BTC.
It should also be noted, that using more power isn’t fine just because it’s renewable. It’s still worse for the environment, and especially not until it’s 100%
The ASICS also produce e-waste, the electricity could have been used for other things, and the energy use puts more strain on the energy grid when that is already an issue in many countries.
Even at 100%, there’s still better things to do with electricity than Bitcoin. Like hydrogen and fuel production (for planes, ships, heavy industry).
I agree, but it’s still early days. I’ll keep pushing for a greener development of the network, too
You cryptobitches have been saying it’s “early days” since 2009
It’s been 16 years. That bullshit don’t fly anymore.
It’s wasting useful energy, and you think that’s a good thing?
It’s wasting useful energy,
So is most of this thread…
Nope not what I’m saying
Yeah, I’m going to buy my games with bitcoin now.
Oh shit, the fee is higher than the price of the game, can I use Litecoin ?
The current Bitcoin transaction fee is $0.67. Which means for a purchase larger than $34, Bitcoin is cheaper than the average credit card transaction fee.
The current Bitcoin transaction fee is $0.67.
For a ~60 minute confirmation target. It’s $0.77 for a 20 minute confirmation target right now. The daily average is $1.03.
And lets not forget that the only reason the price is so low now is because people aren’t competing much for those transactions. If people actually used bitcoin to buy games the transaction fee would increase significantly.
You only have to wait one hour for the transaction to be confirmed. It also takes a shit load of energy and is extremely inefficient compared to credit card payment processors. Woohoo!
I don’t have a credit card. If you pay per transaction, is there at least no monthly base fee?
There are are no other fees for holding crypto, you only pay when you move it from one place to another, those fees change depending on time of day/week as well. Though some services (like coincards) may take additional processing fees.
A credit card, in the US, has a transaction fee for the vendor, 1-3% of the purchase price, sometimes with a flat few cents fee on top.
The consumer has no transaction fee, but does pay interest (around 28% annually) if they don’t pay off the full balance every month (if they do pay it in full at the end of the month, there is no interest charge). Usually there will be a 1-2% cash back for the consumer as well.
Some credit cards also have an annual fee for the consumer. These generally have higher cash back rewards and higher vendor transaction fees than those that don’t.
Don’t forget secured cards, which require an upfront deposit, and cards with regular monthly or annual fees, simply for having them, regardless of whether you use them or not.
Thats the kind of credit cards you get offered if you are bad with credit cards (cough most Americans are cough thats kinda the whole business model cough), or, if someone steals your identity and you either don’t have enough time or money or otherwise can’t sufficiently prove to credit reporting agencies / banks that that is what happened.
Go to a credit union. Your local credit union will offer better rates and good limits with low fees compared to big banks. My first card at 18 was a secured card, $500 limit and a 4% interest if you didn’t pay off your card. After six months it went to am unsecured ans $1500 limit. All with no fees.
Yeah, I know it can be hit or miss depending on your location, but I have had similarly good experiences with my local credit union… you just prove to them in a more old fashioned way that you’re responsible, and they’ll often be flexible with you in ways that banks aren’t.
Thanks.
The merchant pays the fee. With cryptocurrencies, the consumer pays the fee. Some sites offer a discount for paying with cryptocurrency as a result. For example, most precious metals dealers who accept Bitcoin offer a 3% discount for using it.
I only buy games at $30 or cheaper. So that won’t work for me 🤷♂️
Cumrocket is the way!
Thanks for the tip, I’m putting all my life savings into it then.
This exists too ::: spoiler spoiler https://coinstats.app/coins/8fZL148nnC168RAVCZh4PkjvMZmxMEfMLDhoziWVPnqf_solana/ :::
Bitcoin is pretty old, newer cryptocurrencies are more efficient.
I’m glad we’re spending the equivalent of a couple dozen million households of electricity on it
Let’s not ask how much power Visa and MasterCard use for their global monopoly.
Literally orders of magnitude less? Are you not familiar with how proof of work crypto operates? Being energy inefficient is the whole point.
You’re so right, environmental impact has not been assessed by any cryptocurrency ever made. Literally zilch. None. Nada.
? And that makes bitcoins waste disapear?
No, and I never stated that. I just think it’s stupid to group all of crypto as an environmentally unsustainable technology. Following your logic, switching to electric cars isn’t worth it because the 100 years of petroleum pollution won’t disappear.
Meanwhile the US military’s energy budget eclipses global crypto mining essentially to maintain petrodollar dominance and American residents pay for it.
Yeah I’m using this cool new Lightning cryptocurrency, check it out.
Lightning network exists too
Litecoin is cool.
the fee might be higher at some points but you’re just blabbering. check mempool.space and actually look at what fees are at rn + consider that there are many chains and l2s that can be used for payment. B)
A dollar in fees is a dollar more than with fiat for the person paying. That and do you expect enough normal people to learn about L2s and chains to make it worthwhile for Valve or whoever to implement support for anything besides the main chains of 2-3 major cryptos and stablecoins on ethereum main?
A dollar in fees is a dollar more than with fiat for the person paying.
Average credit card transaction fee is ~2%. So a dollar of Bitcoin fees makes Bitcoin cheaper for any purchase over $50.
The transaction fee is not paid by the consumer (directly), and lord knows sellers are not going to lower prices based on payment method.
It depends, I have shopped at places where they will discount up to 15% by paying cash.
Yeah, there are a bunch of places around me that offer cash discounts which I make solid use of. Lets them lower prices for you as you aren’t forcing a credit card transaction fee onto them.
sellers are not going to lower prices based on payment method
Mullvad actually does this for their VPN service, which I think is great. For a VPN company that doesn’t want to store identifiers about you, taking crypto makes sense because that also doesn’t necessarily have identifiers about you attached that they could read or be required to store, unlike a card that requires your name, address, and card number.
Other than that though, no larger companies are going to do anything of the sort, let alone be likely to even implement it as a payment method to begin with. Tons of additional technical complexity for little to no benefit.
I hope the EU to come up with their own payment process to compete against and be a mainstream alternative to the US based ones.
Sadly, this is probably true. Unless they’re trying to steer customers away from more troublesome payment providers.
People who use credit cards don’t pay the transaction fee. If the product is priced at 10 Stanly nickle they only play 10 Stanley nickle. Lot of credit cards also offer cash back so people might get 1-5% back depending on what the category for the month is.
When it comes to transaction fees you are going to have to sell the vender on it than the consumer since they are the one paying.
Oh you’re definitely paying the credit card fee too, but since it’s the vendor who gets billed it’s just priced into the product. That’s why the product costs 10 Stanly nickle instead of 9 Stanly nickle.
Pay same in cash or credit. Priced in or not what the company asks for is what the consumer pays, so point being these crypto transaction arguments make no difference when it comes to fees. Like you said end retail price is already priced in.
Company wants 10 Stanley nickles consumer is charged 10 Stanley nickles regardless of payment method.
Pay same in cash or credit.
Depends on the vendor. There are a bunch of places around me that offer cash discounts, which I make solid use of. Lets them lower prices for you as you aren’t forcing a credit card transaction fee onto them.
Yeah good point, they’re not discounting the credit increase for the crypto buyers. That might even be against their credit processor contract.
But it’s not variable so the seller prices it in. Switch to Bitcoin and you have to pay it while prices likely stay the same. Also lately most of my games have been under 30 EUR tbh
yes I expect l2s to catch on in different ways and yes I hope that a lot of places like steam or whatever properly implement at least bitpay or something similar in house.
I mean either you care enough about payment processor censorship to go around them or you don’t. If the extra dollar isn’t worth it to you then that is what it is.
Nobody is going to rush to implement a payment system where the fees can change 5x hour to hour because that’s just customer dissatisfaction waiting to happen.
That’s actually one of the matured parts of the crypto ecosystem that has existed for years already, as it was one of the most immediate needs. Last I checked Stripe and Bitpay were the most popular options for vendors.