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Think about this: wire transfers. It has happened many times banks hold up the transactions and skim off the top with fees. Bitcoin has no such issue, it's com
by kaliqt 2y ago
Think about this: wire transfers. It has happened many times banks hold up the transactions and skim off the top with fees.
Bitcoin has no such issue, it's completely transparent and far cheaper.
- JohnTHaller 2y agoI send wire transfers via Wise for about $4. I can receive ACH payments for free. I do both with PortableApps.com. The transaction fees for Bitcoin are so high, most of our users stopped using it for donations and things. Back in 2013, we'd get a BTC donation every week or two. Now we get one maybe every 3 months. In 2013, the average BTC transaction fee was about 3 cents. Today, the average fee was $19.76.