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Well in the mail you have to pay for the stamp. It's about a dollar. You could charge 10 cents...in fact, that's not a bad idea for a cryptocurrency.
by daniel-cussen 5y ago
Well in the mail you have to pay for the stamp. It's about a dollar. You could charge 10 cents...in fact, that's not a bad idea for a cryptocurrency.
- thinkmassive 5y agoThis was one of the original motivations to develop technologies that made cryptocurrency possible. Adam Back released the first proof-of-work implementation, Hashcash, in 1997 as a denial-of-service countermeasure.
- b112 5y agoTo be fair, if you bulk send via mail, you pay a very small fraction of normal postage. A very small fraction. 4th class mail, sent to the occupant of every house, is very very cheap. Really, the cost of adwork, logos, placement, 4 colour print is more expensive than post.
- etothepii 5y agoBecause the existing crypto currencies support 10c transactions if they grow to any kind of audience!