Would you tip someone 1 cent for a tweet that you liked?

in crypto •  6 years ago 

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If you could reward and be rewarded by others for creating good content on #socialmedia by giving them rewards as small as a fraction of a pennie, instead of a #like , would you?

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In the currency systems that we use today, this is not #possible .

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Have you ever wondered why certain shops have minimums for card payments?

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It’s because the #currency systems of today are too #inefficient and #expensive to process small transactions. The transaction fees themselves are larger than the actual #transaction so it does not make any sense to make the exchange.

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Cryptocurrencies like Bitcoin, with the use of the #lightning network, make transactions of pennies or fractions of pennies possible because the fees can be as small as $0.000001 cents.

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#CEO of #Twitter and #square, Jack Dorsey, recently tweeted about loving the idea of bringing #bitcoin to Twitter.

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In fact he is scheduled to do a #podcast this #Saturday , #February 9th, with Elizabeth Stark, CEO of #LightningLabs . Lightning Labs developed the Lightning Network software that Bitcoin uses today.

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Be sure to tune in!

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#crypto #cryptocurrency #economics #money #wealth #learn #bitcoin #blockchain #economy

#business #finance #future #LNtrustchain

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✅ Enjoy the vote! For more amazing content, please follow @themadcurator for a chance to receive more free votes!

Welcome to Steem hunter5! Partiko is officially the fastest and most popular mobile app for Steem. Unlike other Steem apps, we take 0% cut of your earnings! You can also be rewarded with Partiko Points while using Partiko and exchange Partiko Points for upvotes!

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Hello Dear,

Welcome to the amazing world of Blogging and Sharing. Being Original is the only way to get success on this platform, so avoid Plagiarism of any kind. Another important suggestion is to be part of Community. It helps you to find right direction and support you to grow.

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Upvoted👌

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Thank you for the warm welcome. I create all of my own original content. Looking forward to making some great connections!

Yes just coment back, welcome!

Posted using Partiko Android