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Please refrain from putting words in my mouth. I never said that Bitcoin doesn't have fees. Inventing arguments against things I never said is very uncool. Wit
by kebman 4y ago
Please refrain from putting words in my mouth. I never said that Bitcoin doesn't have fees. Inventing arguments against things I never said is very uncool.
With that said, using Bitcoin to send value across jurisdictions is still seamless and far cheaper than most alternatives, except perhaps for some other cryptos...
As for using Bitcoin to pay for stuff, sure there are fees, but then there are also fees for using banking services, except more of them are conferred to the vendors and to other banking fees, thus making Bitcoin a pretty great alternative anyway. However it's not the fees alone that makes Bitcoin a preferred choice over banks. It's the whole package, of unconfiscatableness, cutting out middlemen, privacy, and so on, and I happen to think the small fee you pay for that package is a lot better than what you get with fiat. Either way, that doesn't take anything away from the fact that you can do a lot more with crypto than you can with transactions stored in a centralized database.