TLS42: Julie Landrum on OpenNode, Payment Processing Fees, and Network Effects
The Kevin Rooke Show
00:00
Is There an Opportunity for Fee Compression?
The cost of fraud is massive, not just in terms of a charge backs that merchants have to subsidize because they are liable. Bigger costs, or as important, are the costs of capital. We don't need bickcoin, excepting merchants, to opt into fraud solutions. So there's lots of advantages. But these, these, these things take time. They take time. You need enthusiasts. You need early adoptors. Doesn't matter what the price is, he's buying. He has conviction. And now we're getting em we're getting a validation. The world is only headed in one direction and it's unstoppable.
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