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I did lookup the BTC transaction fee, but it looks like 15 USD was completely wrong .. my bad. Checking now : https://ycharts.com/indicators/bitcoin_average_t
by jgord 2y ago
I did lookup the BTC transaction fee, but it looks like 15 USD was completely wrong .. my bad.
Checking now :
https://ycharts.com/indicators/bitcoin_average_transaction_fee https://ycharts.com/indicators/bitcoin_average_transaction_f...
This says, afaict, the average BTC transaction cost today is $1:40 USD
The 5yr chart shows it spiking at $128 in April 2024.
If BTC transactions reliably cost 15c per transaction, it might make for a viable electronic money... but that is clearly not the case, so I think my point stands.