4 ms·
Crypto is not the solution for everything and it isn't the solution to Venezuela's problems. Right now BTC fees are around $20 which is a fortune there. If the
by Darmody 6y ago
Crypto is not the solution for everything and it isn't the solution to Venezuela's problems.
Right now BTC fees are around $20 which is a fortune there. If they have enough BTC to spend, they wouldn't use it as their daily currency, they would just sell them for dollars to avoid paying fees on every transaction.
- chatallo 6y agoDo you know about the lightning network? it can improve the fees problem in repetitive use cases
- insertnickname 6y agoBTC is an intentionally crippled fork of Bitcoin. Bitcoin Cash works as Bitcoin was always meant to, with low fees and fast confirmations. See https://whybitcoincash.com/ https://whybitcoincash.com/