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> Fun fact: this is why crypto never took off as a replacement for credit cards. Too many entrepreneurs focused on “lower fees” as if it were some technical pro
by Sohcahtoa82 3y ago
> Fun fact: this is why crypto never took off as a replacement for credit cards. Too many entrepreneurs focused on “lower fees” as if it were some technical property.
I always thought the big problem with crypto was that the fees were atrocious for any small transaction.
And the fees only get higher as the network gets busier. You can choose to have a send some money with a small fee, but the miners will never confirm your transaction, as each block is limited.
- mattdesl 3y agoNot quite the case anymore—rollup fees are often below $0.05 per transaction.[1] [1] https://www.gasfees.io/ https://www.gasfees.io/