3 ms·
Does Bitcoin work for tiny amounts (eg $5)? Last time I looked (years ago) it cost like $25 do do any BTC transaction at all.
by stevage 1y ago
Does Bitcoin work for tiny amounts (eg $5)? Last time I looked (years ago) it cost like $25 do do any BTC transaction at all.
- CelestialMystic 1y agoIt depends on the wallet but it is possible now. There is a layer 2 protocol called lightning. People are sending people sats all day over Nostr. https://lightning.network/how-it-works/ https://lightning.network/how-it-works/
- Stagnant 1y agoBitcoin has had periods of high network load in the past but as of late the fees have stayed relatively low. Currently the cost for a single transaction usually falls between $0.1-0.4.