Imagine you had to pay a 1 0r 2 dollar

Question

Imagine you had to pay a 1 0r 2 dollar

fee every time you bought a chocolate bar or can of drink or anything or even just to send a bit to someone else as a gift? Seems like absolute insanity...it cannot come to pass that this will happen

#cryptocurrency #english #nano

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06.05.2022

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⋰·⋰ (I never PM first) · Accepted Answer

but… you DO this now for digital payments. Credit cards have transaction fees. You may not see them, but your merchant sure does and as a result passes those fees on. And depending on the gift (ie a pre-paid Visa Debit card, fees can be as high as $5.95) to get one of those. People do pay it, but Nano is great about having an incentivization system that does not NEED fees for end users. I could see merchants offering discounts for nano users (time value of not waiting for funds to settle in days + transaction fees avoided + (potentially) marketing “discount” to bring in new users)

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Imagine you had to pay a 1 0r 2 dollar

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