More on Bitcoins

Bitcoins have been hitting the news a fair bit recently.

Tux-G2_bitcoinI’ve been offering calipers for bitcoins for the last couple of years now... mainly because I think our current monetary system is socially corrosive, and credit-card companies are essentially gentrified loan-sharks. Their interest rates are outrageous… AND…

… I’ve just gone to the trouble of working out how much credit-card companies charge per transaction… and when you add this together for the fee they charge for currency exchanges, it actually comes to about 7%.

I’d like to encourage people to use bitcoins (rather than just hoarding them) so I’ll pass this saving on. Purchases that use bitcoins now get a 7% discount.

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