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Bitcoin Discussion
Re: big transactions fees are a problem for bitcoin!!?
by
QuestionAuthority
on
21/02/2018, 03:51:10 UTC
Quote from: Viellefox1025 on February 21, 2018, 01:37:11 AM
One of the early edge/advantage of bitcoin are the following;
1. Fast Transaction
2. Low Transaction fees
3. Secure
4. Being Anonymous
Now I don't think that bitcoin still has this advantage over the current monetary system. what do you think?
Read this article:
https://www.cnbc.com/2017/12/19/big-transactions-fees-are-a-problem-for-bitcoin.html
You can always use international wire transfer instead. Your money will get to its destination in 3-5 business days, cost $50 to send, be tracked by multiple governments and might accidentally get lost. Enjoy the wonder that is modern banking.