This was an interesting lecture. My main issue is that you need very low fees to use it in daily life, and i don't see how these can be achieved, even with Lightning network. How can you buy a can on Coke with BTC when the fees are 1-2% of the item you buy?
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1-2%? Really? You should check it carefully. The lighting network fee is really cheaper and it is like 1 satoshi. If 1 satoshi is 1-2% of an coke then you should use cash I think.
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you pay for the price on the shelf, right? so it is the same price. is the shop paying the fees to the bank for using the bussiness bank account.
The price on the shelf is the cash price. Many times the electronic (credit and debit) card price matches the cash price, but there are times when a percentage of the price is added to the cash price as a processing fee for using the cards. These fees are charged by the providers of the electronic card services (American Express, Visa, MasterCard, Discover, etc.).
I've seen this detail pop up more often in recent years.
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