Low-Margin Retailers Are Interested in Bitcoin Because It May Allow

question 32

True/False

Low-margin retailers are interested in bitcoin because it may allow the elimination of fees associated with credit card transactions.

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Definitions:

Business Owner

A business owner is an individual who owns and oversees the operation of a company, making key decisions and assuming the risks associated with the business.

Original Owner

The individual or entity that first held ownership or possession of an asset, property, or business before any transfers or sales.

Venture

A new business endeavor undertaken with risk in hopes of achieving financial gain or other benefits.

Customer-focused

An approach to business that prioritizes the needs and preferences of customers in product development, sales, and service.