Jack Mallers has boasted that Strike Payments are "free".
At the Bitcoin conference, he tries to make a point that, even though the VISA user does not pay any fees, the merchant pays up to 3% of card network fees. $100 sent is $97 received by the merchant with VISA/MC/Amex
But when he presents the Strike option, he makes it look like $100 sent is $100 received, but this is in fact not true, since Strike charges the merchant 1% in fees (all according to Strike's own support when pressed on the subject).
Fine Strike might be a better solution overall (I don't know?), but the point is that Mallers is very dishonest in his argumentation for Strike, is he not?
Have I missed something vital here?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments