All the companies embracing crypto as payment method are gonna shaft their customers by giving them terrible price quotes.

Since 2021 bull run more and more big companies have been announcing that they’ll start accepting crypto as a payment method, most recent being Uber hopping onto this train.

But if you choose to pay with crypto, you are most likely gonna get shafted by worse conversion/quotes for crypto prices than the actual market price at the time of transaction.

Almost all exchanges already do this. Almost all exchanges have a simple beginner friendly UI/App & a more pro UI/App. If you use the beginner friendly UI/App, they give you worse quotes. Like if the market price of BTC is 29500$, & they’ll give a quote of 29700$ on the beginner friendly UI/App, and on top of that charge you with exchange fees.

Uber, starbucks & all these companies are gonna do the same. Let’s say your uber ride is $20, which is 0.00067 BTC, they’ll charge you 0.00074 BTC when you select crypto as payment method, essentially getting shafted for 1-5$ every time you pay with crypto.