RE: Help John McAfee Save !@#$

You are viewing a single comment's thread from:

Help John McAfee Save !@#$

in bitcoin •  6 years ago 

Funny stuff.

However I can't support Bitcoin usage while fees are still high. And businesses will not either.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thank you, but you know the 'high fee' is really a myth. I sent .0179 (the equivalent of $150 at the time) a few weeks ago to someone on the other side of the planet. The transaction was confirmed in 5 minutes or so and the fee was the equivalent of 76 cents--that's a one half of one percent fee. Compare this to Moneygram or Western Union, where the fee is I think a $25 minimum.

It is a lot better than Moneygram and Western union. Right now.

The high fees are not a myth, they could come back anytime if people start to transact a lot again.

Back in November and December the costs of transactions were up to 50$. There is no certainty that it will not happen again.