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Until transaction fees start to rise due those people pushing their own agenda on the network.
by SadWebDeveloper 9y ago
Until transaction fees start to rise due those people pushing their own agenda on the network.
- oxide 9y agoCost me a couple dollars last night to send 70 dollars in btc to a friend. Last month it was 3 dollars and change. I'm thankful it was slightly more reasonable. I might use an alt coin for awhile to save on fees.
- PeterisP 9y ago3 dollars per payment seems extremely expensive - that's how much an inefficient international bank wire transfer costs, with the more reasonable bank-to-bank systems (including international e.g. in EU) costing a few cents.
- pbhjpbhj 9y agoThat seems very expensive, I was expecting it to be practically free as I'd heard it was transforming the money-sending space?? How much does Paypal charge to send $70 to a friend, isn't it free?
- albertgoeswoof 9y agoIt is super expensive, but this is more of an issue with bitcoin's design than the actual concept. Bitcoin is the first blockchain tech created, there are many others that have a much closer to zero cost of transaction, and will continue to do so. It's kind of like saying the web in 1991 was expensive to use.