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    Author Topic: The future of Bitcoin. Why would a consumer pay with Bitcoin?  (Read 3197 times)
    BTCisthefuture
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    December 08, 2013, 04:58:47 AM
     #21

    For me the big reason is MICROTRANSACTIONS

    I can make very small charges/purchases/transfers  with bitcoin that I simply couldn't do with credit/debit cards or at least not without getting hit with heavier fees.

    I'll give you an example. Most small stores (think liqour stores or gas stations) will charge you a fee if you use credit/debit on anything under x amount of dollars. There are plenty of times where people might stop by a store to grab a soda or a bag of chips and they end up paying fees that sometimes can equal more than the item itself they bought.  Bitcoin helps eliminate that.  No more having to worry about stopping in a store and buying a bottle of gatorade for 99cents only to get hit with a .75cent charge.

    That's just one example , im sure there's plenty others. For example, I like to bet on sports, one thing I really like about these bitcoin sportsbook sites (here's my refferal if you're interested,  https://bitbook.biz/?referer=Galaxys3 )  is that you can bet insanely small amounts. It's great for the person who likes to gamble on sports for the excitement but doesnt want to lose much money.  Most sportsbooks dealing with fiat that i've ever seen the min deposit is $50 and the min bet is $5 , with something like bitbook the mean depoist is 0.69cents (at current prices as of this posting) and i don't even know if there is a min bet you have to make, the other day just fooling around i bet less than half a penny.   I know this is more of a niche thing maybe but considering how large gambling is in the world bitcoin has the potential to really change the game so to speak.

    Hourly bitcoin faucet with a gambling twist !  http://freebitco.in/?r=106463
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