Just saw an ad by Coinbase advertising “crypto” payments—not only do they not get the terminology right (it’s pronounced “ #bitcoin “, not “crypto”), but they say the credit card companies take 3% of the merchants profit

Credit card companies take 3% of a merchant’s gross revenues, not the profits. In a business with 30% margin equates to credit card companies taking 13% of the merchants profits

Get it right #Coinbase