Post
Topic
Board Economics
Re: Bitcoin as a Medium of Exchange
by
richardsNY
on 22/12/2017, 23:51:30 UTC
I could not forget those golden days before two years when i used it for sending my income from abroad at a much cheaper rate and transaction being confirmed immediately.Otherwise,i would have to wait for two days by paying high fee in a money exchange.

Are you from a third world country? If so, then that would probably explain why you struggle with the higher fees. If not, then I don't see a problem in using a $10 fee to move a salary from one place to another. Also, back in the days you could basically get first block confirmations even without a fee at all, but there has never been a time where transactions confirmed immediately. In some cases you're lucky and you'll get quick confirmations, but you might also end up having to wait 30-40 minutes for a block to come through, and that isn't tied to whatever fee at all. Luck plays an important factor too when it comes to getting quick confirmations.