Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Andre#
on 17/01/2016, 22:36:15 UTC
I totally agree. It seems some bitcoiners forget we have some duties outside here. We can't live with just btc.

I'm paid through a bank, I pay my taxes through banks... There is no other way.

This could be a nice meme though... split screen shows a guy with a happy face and has a caption like "Doesn't complain for paying XXX in bank fees per month", the other side shows him using btc and yelling at the screen with a caption like "Gets furious at 'smallblockers' due to paying 0.16$ fee for a BTC tx".

Something like that...

The hypocrisy, some times, is mind-blowing. And I'm not talking about specific users, you, or someone else - I mean generally.


Hypocrisy? Let me see... Fees are supposed to replace the block reward, even when blocks stay at 1 MB. So 1 MB of transactions should yield 25 BTC in fees. On average, 1700 tx fit in a full block. So 1 tx requires a fee of 25/1700 = 0.0145 BTC, which is atm $5.58. That's 35x more than $0.16. I won't get upset over $0.16, but more than $5 is quite something else.