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    Author Topic: Convert to Standard Currency fees too high, could affect adoption?  (Read 1553 times)
    CCCMikey (OP)
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    March 18, 2011, 12:29:33 AM
     #1

    Hi Smiley

    I think there might be a problem with adoption because of the relatively high fees people are charging to transfer from traditional currency to BitCoins and back.

    I suspect that much of it is due to PayPal fees, etc; but it could go against the grain of people if they think "Yay. BitCoins. No Fees." but then find that they have to pay fees to get traditional money in and out.

    On the other hand, I don't know of a solution. I guess all I can do is encourage people providing those services to please try to do it at the lowest reasonable cost you can.

    What do you think?

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