> As for fees, however, Bitcoin does not care how much BTC you're sending in a single transaction, whereas VISA charges 1-2% as a fee. So, if you want to transa

> As for fees, however, Bitcoin does not care how much BTC you're sending in a single transaction, whereas VISA charges 1-2% as a fee. So, if you want to transact in large amounts (tens of thousands to millions of dollars) across borders, it's hard to beat Bitcoin. Bitcoin was designed to have lower fees than traditional payment processors. From the introduction of the Bitcoin whitepaper: > The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there is a broader cost in the loss of ability to make non-reversible payments for non-reversible services. The current narrative of BTC being "digital gold" and "only for big transactions" is not what it was originally designed as. In this sense Bitcoin Cash (BCH) [1] split from BTC to follow the original plan of electronic P2P cash that works for transactions of any size, including cents. [1] https://www.bitcoincash.org/ https://www.bitcoincash.org/