Yes, once alt coins are converted to fiat, there are expenses, loss of privacy. But regular coin transactions have the benefits of the first column.
I see we'll need to split this up in 2 sections:
Coin transactions (no exchange to dollars) | Fiat Exchange (exchange to dollars, euro, etc...) |
- Low transaction cost
- International transactions
- Fast transactions
- Low entry threshold (no money/paperwork needed to setup an account)
| 1. Exchange fees.
2. Exchange fees × 2.
3. 30 min. for 3 confirmations.
4. KYC at exchanges.
|