SaiyanZ
Executive Member
the transaction fee is lower than a bank wire - and in my experience the transfer is faster than a bank wire.
but the bank wire time could be a bank process that could be improved to make it faster
Yeah I think the main reason some companies are not taking Bitcoin anymore is because of the price continuously going down for the last month or so. They were all happy to take Bitcoin when the price grew to $19k over several months. So I think it's more that they weren't converting their Bitcoin revenue to fiat immediately and were instead speculating by using revenue as an investment vehicle.
