Monday, 31 December 2018

If Alice makes a purchase on Amazon/eBay using Bitcoin she saves maybe 3%. If Alice makes a purchase on decentralized Amazon/eBay she saves up to 40% (30% extortion + 10% platform fees). Bitcoin wins by creating platforms which cut out extortion/middlemen, NOT through legacy business adoption.

If Alice makes a purchase on Amazon/eBay using Bitcoin she saves maybe 3%. If Alice makes a purchase on decentralized Amazon/eBay she saves up to 40% (30% extortion + 10% platform fees). Bitcoin wins by creating platforms which cut out extortion/middlemen, NOT through legacy business adoption. submitted by /u/guyfawkesfp
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source https://www.reddit.com/r/btc/comments/ab0tjv/if_alice_makes_a_purchase_on_amazonebay_using/

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