2 ms·
> Goods/services purchased from a business? Given the fees for completing a Bitcoin transaction, I'd say no unless you start getting into at least mid three-fig
by phil21 8y ago
> Goods/services purchased from a business? Given the fees for completing a Bitcoin transaction, I'd say no unless you start getting into at least mid three-figures USD. (That's not counting any fees to convert fiat into BTC.)
what? 15-20 cents is not a major transaction fee, especially when compared to WU and other alternatives
You may have had a point with fiat conversion fees which can be hefty, but you specifically didn't count them.
I've only paid a > $.50 transaction fee on the bitcoin network for about 45 days during the huge runup in Nov/Dec 2017. Any other time and the fees are in the double-digit cents for nearly guaranteed confirmation on the next block.
Edit: Whoops, just saw your reply. Leaving this up for posterity :)