> Since the transaction amount is just a 64-bit value, the transaction fees are the same whether you're transferring $1 or $1M. In the latter case, it will be f

> Since the transaction amount is just a 64-bit value, the transaction fees are the same whether you're transferring $1 or $1M. In the latter case, it will be far cheaper than existing payment processors and banking settlement systems. Large transactions in the US are done via wire transfers ($10-$20 charge against the account, offset via interest on balances of the cash management accounts) or via ACH transactions which cost about $0.25 also offset via interest on the balances of cash management accounts. No one is running transactions that exceed several thousand dollars via credit card settlement networks.