I haven't been around in awhile, but I am curious as to why people say PayPal charges for transactions.
Is there somewhere that states this? Or Google Wallet for that matter? I have used both a bunch of times in the past year and have no fees. Google Wallet transfers within seconds in my experience.
funding a google wallet (from wire transfer or debit/credit card) is 3%, but transfer between wallets is free (something blockstream are ignorant of and will criple bitcoin if they keep allowing tx fee to rise)
paypal is 3% if funding using debit/credit card but 0% if wire transfer.. and free to send within paypal accounts again bitcoin is losing is desirability by having fee's
Bitcoin certainly has its place doing other things, blockchain, yada yada. But I really don't see how an average person can get behind it. I am a little above an average person(background in computer programming and degree in Information Systems) when it comes to things of this nature and I still don't use it for anything.
the 2009-2013 proposal of bitcoin was way better than paypal or google at the time. but since things swaped over to core(blockstream) its not been the same. the whole dynamic changed and what use to be important got sidelined and what was the bad side of bitcoin became the direction blockstream wants to take bitcoin
As of lately there are so many no-fee credit cards that benefit me more than BTC ever has while I was using it. 6% off of groceries at a supermarket(Amex card). 3% back on gas(Amex card). Or getting a new CC like something that gives rewards for flying/hotels. Getting the new card from Hilton gives 50,000 points(spend 750 bucks on their cc within 3 months, so easy to do). 50,000 points = a free stay at their tier level 5 hotels(a hotel thats like 300 bucks+ a night), or 10 stays at a normal hotel that's like 80 a night.
Is there something hidden I haven't discovered that BTC can do that rewards me THAT much? I have seen some promo offers for buying with BTC and getting a discount, but getting into BTC has a fee to start with and that usually washes out the savings.
nope, blockstream has lost grip of reality and has their own corporate agenda. the only thing that remains now is the hoard for price rise, long term deflationary nature of bitcoin. lets hope blockstream doesnt intend to mess with that too