It definitely is a problem. I have been considering this myself and am not sure if I would be willing to pay that extra 10 – 20 percent. It is a lot to ask when you don’t have to pay that with visa. I am scared this might affect the population of Bitcoin users since they will find out that it is not worth investing in unless they are holding large amounts of wealth that don’t get transferred a lot. We will end up only with people saving their coins and the price will fall. I hope I’m wrong though.
That is a hard question for everyone, because im sure that not many people would accept the fact, that now they need to pay about 10% more, than previously.
It would put the fee so high, that using bitcoin would be really annoying sometimes, even for medium transactions!
I remember many threads, about people discussing is getting a salary in bitcoin except fiat is a good idea.
Fees going so high would probably kill that option, because if the boss needs to pay to 300 people, it is expensive to send so many transactions, with such a high commision.
If you're going to pay your men peanuts or 100$ a month yeah it is going to cost you in terms of percentage.
But for most of EU / North America the transaction fee is too small to count.
1 max 2 $ at a 2000$ wage is nothing.
Problems start with pole using their hard earned bitcoin.
50 cents extra a coffee, 50 cents extra beer and pizza , 50 cents extra at 4 gallons of gas..
It's going to chew on your walllet like bugs bunny
