Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is EXACTLY where it needs to be right now, what the hell!
by
Pk880058
on 27/01/2016, 11:30:48 UTC
I tottally agree with you here. Compared to bank fees, even a high transaction btc fee is almost insignificant compared to the transaction value, the reliability of the system, the easy access and procedures (no paperwork, proof of income and other boring stuff from banks).

If we put into the balance all the advantages of using btc, we should be willing to pay a higher fee than we pay to the banks. Think about it!

Not only this, people tend to forget that international payments sometimes is really slow, this mean that bitcoin is right now much better in some cases.

About the Fees, is there is someone who are happy with their bank fee? i doubt that... someday we will wake up and discover that bank fees have fees xD

i agree that bank fees are higher when compared to bitcoin transaction fees and even bank are charging unnecessary so many charges , if we compare that with bitcoin transaction than it is very less in bitcoin transaction charges. the transactions get slow if the fees is low or not. because exchanges should also have to earn to run their site. so it is their that if the transaction fees is less or not that transaction gets confirmation very slow.