3 reasons why merchants no longer accept Bitcoin BTC

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  1. Customers would be expected to pay $8.80 transaction fee on any purchase they make. For example, coffee purchased with BTC is 300% more expensive.
  2. Merchants must also inflate prices by at least $8.80 for customers wishing to pay with BTC because the merchant would incur a similar transaction fee to move the BTC to an exchange etc.
  3. Merchants must make customers wait for at least a confirmation as BTC has a deprecated 0-conf due to RBF and congestion.
submitted by /u/lessfiatmorecrypto
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source https://www.reddit.com/r/btc/comments/kngzby/3_reasons_why_merchants_no_longer_accept_bitcoin/

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