3 ms·
Even a $1 bitcoin transaction costs $25 in TX fees to send. At least I can pick up a gold bar myself for free. And price volatility makes it a terrible store of
by omarforgotpwd 9y ago
Even a $1 bitcoin transaction costs $25 in TX fees to send. At least I can pick up a gold bar myself for free. And price volatility makes it a terrible store of value. Let’s face it: in its current state bitcoin is pretty much useless except if you hold it and the price goes up. I own some Bitcoin and plan on holding it but there’s no denying the software in its state is not usable for anything. If the devs could figure out how to make it work like Venmo, that would be absolutely huge. Perhaps another implementation will get it right first, or already has.