But cheaper and faster đ. Making LitePay more likely to be adopted by retailers and used by consumersz
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But cheaper and faster đ. Making LitePay more likely to be adopted by retailers and used by consumersz
...LitePay is gunna have to do things a lot differently than BitPay other than use a different protocol :) BitPayâs model has proven to have little interest and effectiveness in the brick-n-mortar world. All places I paid for goods with bitcoin in person were a joke, sadly.... wish I had the extra attention to share my experience here :D
Youâre right that BitPay hasnât had much interest in the real world, but thatâs because itâs early days, fees are higher than credit, and price fluctuates too much. We have to give the technology time to be integrated and now the cost advantages over credit cards are there, we might see it happen faster. Hopefully at more reputable places.
Iâd love to hear your real world experiences, if youâd like to share them?
Nah, itâs not because itâs the early days, itâs because they assumed people would use finances in the same, boring way. Stores donât care about having âyet another payment systemâ, all they care about getting MORE customers!
And for example I donât carry cash and avoid places that donât offer credit card payment options. Theyâd have more customers from my generation if they werenât cash only and crypto options will be the same.
good example.