Replying to Avatar Bert

Local butcher has a new payment terminal, because the new bank cards only work with the newer machines. Cost of payment terminal €999,- a monthly service fee he didn’t know from the top of his head. €0,07 per transaction. He said he can’t wait for all customers to pay in bitcoin. Would save him a holiday per year… additionally bank costs of €0,11 per outgoing transaction and monthly bank fee. He also complained about the water treatment bill which went up 35% for this year. Curious which retailers will survive the upcoming years.

Avatar
Richard “Dick” Whitman 2y ago

“Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.”

-S.N.

Reply to this note

Please Login to reply.

Discussion

No replies yet.