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Bitcoin Discussion
Re: big transactions fees are a problem for bitcoin!!?
by
fhl182
on
21/02/2018, 17:32:26 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
Main advantage of bitcoin over current monetary system is predictable supply and irreversible transactions. There is no way to block "suspicious" transaction or steal from people by printing more bitcoins. Fees should be lower, though.