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RE: NEWS - LITECOIN LAUNCHES LITEPAY, HELPING CRYPTO GO MAINSTREAM

in #litecoin6 years ago

You’re right that BitPay hasn’t had much interest in the real world, but that’s because it’s early days, fees are higher than credit, and price fluctuates too much. We have to give the technology time to be integrated and now the cost advantages over credit cards are there, we might see it happen faster. Hopefully at more reputable places.

I’d love to hear your real world experiences, if you’d like to share them?

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Nah, it’s not because it’s the early days, it’s because they assumed people would use finances in the same, boring way. Stores don’t care about having “yet another payment system”, all they care about getting MORE customers!

And for example I don’t carry cash and avoid places that don’t offer credit card payment options. They’d have more customers from my generation if they weren’t cash only and crypto options will be the same.

good example.