Post
Topic
Board Bitcoin Discussion
Re: Bitcoin huge fees
by
Fermento
on 29/08/2017, 16:33:55 UTC
So, I were asking my self about how transaction fees would play a important role when you think about how bitcoins can or cannot enter economies where people does not have a bank account, their income its rally low compare with what most of us here are use to. in this scenario a common transaction for them would be expensive with the current fees.

"The fastest and cheapest transaction fee is currently 480 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 108,480 satoshis."
Source: http://bitcoinfees.21.co/


How this would be solved?
if we believe that BTC represents a way of economy freedom for those that are 'not allow' to be in the bank system?
You know in some places/countries, where people would eat for a month with a few of these fees transactions.

Thanks for your comments
Regards