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Author Topic: [2016-09-11]Brits Sue MasterCard over High Fees, Bitcoin Fees Still Lowest ...  (Read 336 times)
WishICanTurnBackTime (OP)
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September 12, 2016, 04:27:40 AM
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Brits Sue MasterCard over High Fees, Bitcoin Fees Still Lowest in the Market

MasterCard, one of the largest credit card payment operators and financial institutions worldwide, is being sued for US$19 billion for overcharging 46 million British customers for 16 years, from 1992 to 2008.
The suit was filed by prestigious multi-billion dollar law firm Quinn Emanuel, which accused the credit card network operator of charging substantially higher interchange fees that affected millions of businesses and individuals for over a decade.

https://cointelegraph.com/news/brits-sue-mastercard-over-high-fees-bitcoin-fees-still-lowest-in-the-market
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September 12, 2016, 07:52:12 AM
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Even if Bitcoin transactions would be completely free (which in fact they can be, but it's not recommended), people would still be using MasterCard & Co. It's mind boggling how people continue to get their ass whooped with high fees without even looking at alternatives such as Bitcoin. These people are zombies stuck in a system that resides between their ears.
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September 12, 2016, 11:37:14 AM
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Bitcoin is one of the lowest but the lowest one is Dogecoin. You can transfer unlimited money over just 1 DOGE fee, that means only 40 satoshi. Fuck mastercard and visa.
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