Earlier quoted context omitted.
Why businesses might not use Bitcoin: 1. Bitcoin remains speculative and volatile. This will cause it to be adopted by smaller businesses that can "do things that don't scale". We won't see big businesses support mainstream crypto payments until the demand is high enough to justify the risk. 2. Bitcoin itself is a clamped network, as such the fees are very high. You can't sell Lemonade at your stand with Bitcoin if t…
> We won't see big businesses support mainstream crypto payments until the demand is high enough to justify the risk. There is also a risk with accepting credit card payments, which is part of the reason why businesses don't actually process credit card payments themselves. They outsource that to a specialized third party that deals with the risks, like Stripe. The same thing is true for Bitcoin; almost every online…
Under the hood how do they do that? Are are they converting your BTC to USDT on-deposit, then additionally from USDT to BTC on-withdrawal?