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The same way Uber was/is cheaper than Taxi, the cost is subsidised by someone else (Uber's investors, or in this case miners and speculators of Bitcoin)
by Laforet 10y ago
The same way Uber was/is cheaper than Taxi, the cost is subsidised by someone else (Uber's investors, or in this case miners and speculators of Bitcoin)
- juskrey 10y agoI don't think physical automatic wire transaction cost is more expensive than SMS. High transfer/transaction fees in most banks are, on contrary, are subsidizing losses from other risky activities.