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Bitcoin Technical Support
Re: Explain why high bitcoin transactions are expensive?
by
Mr Zeus
on
21/04/2018, 18:26:02 UTC
Actually, It is not expensive. The thing is that Bitcoin is expensive. Generally, paying 50k sat is enough for transactions
Suppose that Bitcoin is $1 and you need to pay $500, your fee is 5 cent. Think of a Swift, almost $20.