6 ms·
This is so ignorant. Please raise your game. Bitcoin transaction fees are set by the sender. At least, that's true if you aren't a nOOb and you control your
by stblack 6y ago
This is so ignorant. Please raise your game.
Bitcoin transaction fees are set by the sender. At least, that's true if you aren't a nOOb and you control your own wallet.
Transaction fees vary, at this very moment, between 1 satoshi/vbyte to 9,900 satoshi/vbyte. That range is 10^5. See https://mempool.space/ https://mempool.space/
Last week at this time, a tx could be placed in the very next block for 13 sat/vbyte.
But sure, claim it's "$8". But it's better to educate yourself before sprouting off like that.
With Bitcoin you pay the fees you want to pay. If you want fast settlement, you pay more. If you want to pay next to zero, you can do that too.
- loceng 6y agoSo would these longer settlement times, at a lower cost, then necessitate using a centralized escrow service to verify trustworthiness?