While it is not exactly rocket science, only large merchants can be expected to have at least some grasp of how the credit card processing system works....
The use of Bitcoin will remain limited to very high-risk operations, which have limited access or are altogether cut off from the traditional payment system....
The payday loan industry has been thriving in the U.S. and Wells Fargo and other banks are now offering the service, charging up to 300% in interest....
Consumers can now transfer car loans and mortgages to credit cards with 0% APR, saving on interest fees and preventing repossessions, should anything go wrong....
If you were a mortgage lender, how comfortable would you feel extending hundreds of thousands in credit to someone who can't trust himself with managing debt?...