this should all be added to that 3% card fees.
There are cryptocurrencies that follow the original idea but they're not as popular because they haven't increased in proce as much as Bitcoin.
Don't get me wrong, satoshi is a genius, but there are severe tradeoffs required to get the properties bitcoin wants.
Right now they are at around 0.15$. That's too much IMO to go buy a 1$ coffee with bitcoin, but it would also be 0.15$ if you were buying a 2000$ macbook, a 60000$ car or a 2M$ house.
Technically cryptocurrencies were meant to be held and exchanged directly, without an exchange.
Of course that isn’t convenient for non-enthusiasts…
How fortunate we are that crypto exchanges, run by private companies with little government regulation, operate out of the goodness of their heart /s…