>I dont understand how these middleman services can charge even 1%. What is the value added? We live in a middleman economy. This forum is a middleman, since H

>I dont understand how these middleman services can charge even 1%. What is the value added? We live in a middleman economy. This forum is a middleman, since HN doesn't actually put out their own content. Uber, Facebook, Google, ... all middlemen. > Also, why is it always a percentage? More payouts more risk. Looking at it another way, because people are fine with paying a fee based on percentage.