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Bitcoin transactions won't always be free though, as the block reward decreases and transaction fees become necessary to incent the network to verify transactio
by githulhu 12y ago
Bitcoin transactions won't always be free though, as the block reward decreases and transaction fees become necessary to incent the network to verify transactions. The fees for bitcoin may end up being roughly the same as traditional banking fees.
- natrius 12y agoWe'll see. In the near term, merchants can accept Bitcoin for 0%. Customers can send Bitcoin for five cents, and some wallets pay that for you.
- rstupek 12y agoWe'll see? There is no refuting argument in there. Please provide an example of how you expect bitcoin to remain "free" going forward based on arguments already providing showing how it can't be free.
- natrius 12y agoI never said anything would be free forever. I said "we'll see" in reference to credit card-like fees.