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> Maybe there's some rule out there that no one competes on the basis of transaction fees, and those who do are shut out of the cabal. Because lowering your pr
by foobarqux 12y ago
> Maybe there's some rule out there that no one competes on the basis of transaction fees, and those who do are shut out of the cabal.
Because lowering your price does nothing if your competition can lower theirs just as easily. It's a race to the bottom.
- nhaehnle 12y agoIt's an interesting thought, isn't it, especially once you realize that it doesn't just apply to transaction fees.