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Bitcoin's high valuation has ruined it as a medium of exchange – Boing Boing

Tuesday 23rd, January 2018 / 09:57

Boing Boing

Bitcoin’s high valuation has ruined it as a medium of exchange
Boing Boing
This makes Bitcoin largely useless as a “medium of exchange.” It’s bad enough to shell out 6% to Paypal for a handling fee, but $20 to process a $15 eBay purchase is nuts. That’s why most merchants that started out accepting Bitcoin have stopped

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