3 ms·
Because it's not a good argument. The fees are low because usage is low, but as soon as usage rises, the fees will rise again too. That's a broken system. Also,
by nivexous 8y ago
Because it's not a good argument. The fees are low because usage is low, but as soon as usage rises, the fees will rise again too. That's a broken system. Also, fees on BTC today are still not negligible. Average is 30-50 cents USD, which is unacceptable still for many parts of the world. BCH fees are 0.2 cents.
- h1d 8y ago> The fees are low because usage is low > BCH fees are 0.2 cents You're eating your own tail.
- nivexous 8y agoBCH fees would stay this low even with 30x Bitcoins transaction volume.
- uncletammy 8y agoThis is where that whole "blocksize debate" turns out to have been worth discussing. A sudden increase in demand for BTC will send the fees through the roof because of it's tiny 1mb blocksize. The same increase in demand will result in ~ 1/32 the increase in fees. This is due to BCH's 32mb block size.