07 Jan '13, 4am

Buying Bitcoins alienates newbies. Let's make it easier #bitcoin

I bought lunch for a friend and she agreed to repay in Bitcoins. She has a PhD in Genetic Engineering so she is smart and busy. She doesn't have time for tedious geeky stuff. She wrote: I am working on getting the $100 in bitcoins. But it would cost $121.45. I was going to use it as a way to test how to send bitcoins and explore this as an investment, however I haven't had the greatest experience so far. I went through the company MtGox via a link within the MyWallet app I selected to send via cash deposit and found a CVS store that was on their list of providers (using Moneygram). When all is said and done it looks like it would cost me $121.45 to send you $100 worth of bitcoin. This is due to a fee of 3.99 imposed by MtGox, a fee of $3.95 imposed by ZipZap which is the local company in San Francisco that is being used, and $11.50 fee to Moneygram. It seems like an awful ...

Full article: http://www.reddit.com/r/Bitcoin/comments/163mdg/buying_bi...

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