Is it really a high fee? Bitcoin cuts out the middleman if you're willing to keep the bitcoin, sure. For the users elsewhere in the thread who were asking if th

Is it really a high fee? Bitcoin cuts out the middleman if you're willing to keep the bitcoin, sure. For the users elsewhere in the thread who were asking if they could just keep the bitcoin, perhaps the price should be negligible. However, if what you want is fiat currency, like the US dollar, then a middleman needs to sell the bitcoin for currency and give you the currency. The middleman has a risky and complicated job, which I assume includes holding enough currency in reserve so as not to delay transactions; and they probably need to decouple the currency transfers from the bitcoin sales, which means they take on some risk from fluctuations in price in the bitcoin market. The market on which the middleman sells bitcoins might also take a cut. The middleman is taking on responsibilities and risk, and needs to be compensated for it. I don't work in payments, so the above is my own layman's understanding. How will you exchange bitcoin for dollars in a way that's free, and doesn't incur a transaction %?