Hi, newbie & I'm a London black cab driver.. I currently take credit cards & pay 3% fee.. the passenger pays none only the metered fare.. The high % transaction fee for me to accept bitcoin makes it uneconomical to accept it over c/c...My average fare is £10-15.... Will or can that % fee ever change ?.. How can mass adoption of bitcoin (or any other crypto ) ever occur ? If that is a goal..
Ive just got breadwallet on iPhone, signs in the cab and will accept bitcoin from next week...but more for discussion & interest ...if I get a £100 fare I wouldn't accept bitcoin if the fee is over 5%
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