252 sats \ 0 replies \ @WaraiOtoko 24 Sep 2022 \ on: Banks Are About To Face The Same Tsunami That Hit Telecom Twenty Years Ago bitcoin
When it comes down to it, it is very hard, if not impossible, to compete with (practically) free. Annually about $3 trillion is paid by merchants to the financial industry in transaction fees. So if Lightning can be made to work for merchants, they would be fools to not take a serious look into accepting that as a payment method.