Can bitcoins hit the mainstream through micropayments?

There are those who will swear by the concept of bitcoins, that they represent a safer and more efficient future. There are others who believe that they’re a fad akin to Second Life or the pet rock. Can they break into the mainstream through micropayments?

Different payment processors have different opinions on the definition of a microtransaction, commonly known as a miniscule payment for a good or service.

Small businesses in the US like to require that customers make at least a $10 transaction on a credit or debit card. That’s because some processors charge more for smaller transactions in order to make money on every purchase.

What do you think?

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Written by Lorie Wimble

Lorie is the "Liberal Voice" of Conservative Haven, a political blog, and has 2 astounding children. Find her on Twitter.

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