“The fee accrues to the retailer only when the retailer decides to convert his bitcoins to cash.”
Uh,yeah, i’m positive mom & pop stores and even the big boys like Home Depot and Safeway would just LOVE to hold on to their bitcoins while the prices are gyrating 30% on a daily basis ...
Up until just recently they were ecstatic. Bitcoin is going to replace much of hard currency in the future. Not accepting it now when it is probably only 1% of your business anyway is very shortsighted. Better to be on the cutting edge in retail. We disagree.