Quote from: pooya87 on April 12, 2017, 05:23:07 AM

Quote from: HCP on April 12, 2017, 04:53:15 AM

except that Apple Pay doesn't cost you $1 every time you use it and doesn't take 10+ minutes (or possibly hours) for your payment to process....

if you are paying $1 for bitcoin transaction fee that means you have been accumulating a lot of dust in your wallet. go learn what transaction size in byte is and how it becomes big then come back.

right now fee for a normal transaction the highest fee is 40 US cents

you realise that at current prices, USD$1 equates to a little over 0.0008 or 80,000 satoshis... given the current recommended fee of 160sats/byte, that would equate to a transaction size of around 500 bytes... it would only need maybe 3 inputs to get a transaction size close to that...

Have you considered what happens when you start buying a bunch of everyday things with bitcoin? a coffee here, burger and fries there, a beer at the pub, your groceries... you're going to be generating an awful lot of change addresses and a lot of (possibly) dust amounts in these change addresses that will be spent at some point...

Besides, even if fees were "only" 40c/transaction... last month i had something like 80 transactions during the month... for those 80, my fiat bank charged $0... maybe you'd be happy with a $30/month transaction bill, but i know which one makes more economic sense.

The future of Bitcoin is not going to be buying coffee with your phone... not unless off-chain transactions become prevalent... which isn't really buying things with Bitcoin on your phone.