Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin broken?
by
grumpy619
on 03/01/2018, 22:40:39 UTC
Bitcoin will have that function once that the lightning network gets released, that is probably the only thing that we are waiting for.

Just think about this; when it gets released, we are going to be able to send money for less than $0,50 worth of fees, it is amazing.

This will really make bitcoin a real currency that can be used at any time, you can not buy a coffe with bitcoin anymore because of the fees, but with the LN activated, it would be possible.

as regards the high fees at present, I thought the idea of bitcoin was to use in place of dollar(whatever).
How can I buy something for 10 dollars and pay more than the value of the transaction in costs

hm, we all waiting when this happening. because the situation is really sad now, the only advise for people who wants to send 10 dollars in BTC value - don't do that, wait till better times. So, yesterday i sent 200 dollars and paid 5dollars fee using blockchain.info - not so bad how it could be.