Only for me to open the account today to see that they've taken $30 from the money I received. I checked and found out that they have a policy where an account that didn't receive up to $2k within 12 months would be charged $30.
It's not a big amount, but I had no idea about this because I never needed to pay that fee before. This can be called "hidden charges," even though they will claim it is in the ToS. I felt the only charge was the usual $1 for every transaction and $3 for card transactions.
This is something you won't need to bother about if it were in Bitcoin. With Bitcoin, just you and your client will do business without any third party knowing about it. Too sad, only a very few people are ready to make payments in Bitcoin.
That is how centralized systems operate: they have their own rules, and they are free to make their own. It is as if they are saying: "We are the bosses here".It's not a big amount, but I had no idea about this because I never needed to pay that fee before. This can be called "hidden charges," even though they will claim it is in the ToS. I felt the only charge was the usual $1 for every transaction and $3 for card transactions.
This is something you won't need to bother about if it were in Bitcoin. With Bitcoin, just you and your client will do business without any third party knowing about it. Too sad, only a very few people are ready to make payments in Bitcoin.
Well, we can't blame them for that, as they have explicitly stated it in their terms of service. However, this is where we learn an important lesson: with Bitcoin, we don't need to worry about "hidden charges"; we can even hold it forever without any charges. In fact, we can profit when the Bitcoin price rises. So, what other benefits are there for people to deny? Therefore, let us talk about Bitcoin, especially talk about its incredibly useful features. So that people know how many solutions Bitcoin provides, even very useful for macro transactions to micro transactions.
