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> Imagine that you are a business that operates in Bitcoin and pays employees in Bitcoin. Then you use a single, non-Lightning transaction with an output for e

> Imagine that you are a business that operates in Bitcoin and pays employees in Bitcoin. Then you use a single, non-Lightning transaction with an output for each employee, and the fee for that transaction is most likely less than half a percent of the total amount being transferred[1]. [1] Actually just 0.35% ($170 fee / $48k wages) assuming a fee of 520 satoshis/byte, 34 bytes per output, 140 bytes of fixed overhead, $15k/BTC, 60 employees, and an $800 after-tax biweekly paycheck per employee ($20k/year). The ratio improves for higher wages since the fee is unaffected by the amount being transferred.

lern_too_spel 9y ago
You've ignored how the business got the Bitcoins to begin with. Its customers have to pay the transaction fee to send the Bitcoins to the business. The business's wallet is therefore fragmented, so the number of bytes in its transactions to pay its employees is higher than your estimate. Or they could pay you via the bank and accept payments through their bank like every other business. Then the transaction fees are negligible. The Lightning network did not help at all in this scenario.