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Discussion Starter · #1 ·
See the highlighted part? Lost Cash Discount is for using my debit card (or credit card). VISA just skims right off the top and the cost gets passed right on down the line. I could use NET30 terms and bypass this of course. Still, I hope Bitcoin takes off and levels the credit market to where it should be.

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Not everyone charges that fee. Also, getting net terms and paying by ACH is the same thing. If you are paying by CC then you should be collecting up front from your customer and paying off the card.
 

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So you would rather have a currency that has zero stable value than to pay a small fee for the convenience of taking a credit card?
If you had $64,000 worth of bitcoin in your bank account In April of this year it would only be worth $31,000 now. I don't know about you, but I iwould way rather pay the 3% and know that my dollar is actually worth a dollar.
 
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