A 0.2% Credit Card Fee in the EU Will Not Undercut Bitcoin (Op-Ed)

By March 16, 2015Bitcoin Business

The European Union (EU) Parliament, on the advice of Pablo Zalba, will vote on Tuesday, March 17, on whether credit card transaction fees should be arbitrarily capped at 0.2 % . The legislation, which would govern both domestic and cross-border transactions, is being pushed as a “cost saver” for consumers and retailers.

Some are now asking if this fee cap would weaken the use case for Bitcoin in Europe. After all, one of bitcoin’s major […]

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