Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
uvwvj
on 10/07/2015, 13:42:21 UTC

Sure, in Venezuela where a month's labor at minimum wage under 33% monthly inflation is less than US$20 at black market exchange rates, such a fee becomes almost meaningful...

The largest bank note in Venezuela is worth about 16 cents currently.


But even (maybe especially) there the fee is affordable if you want to do a sure transaction with new coins.

This is why I worry about the current Bitcoin bullshit with transactions, I can afford paying $0.25 to send money around the globe.  Someone who is in Venezuela cant.  I dont know if the answer if raising the block limit, using sidechains for regionally curriences backed by bitcoin or what

But to the Dev Masters - quit your fucking bitching - come to an answer and fix the fucking problem at halving and be done with it.