Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Richy_T
on 21/10/2023, 17:50:40 UTC
⭐ Merited by philipma1957 (1)

By the way, last time I checked, less than 10 sats per vbyte to send transactions is not exactly going to kill anyone... and surely the current mempool status and even in the last three weeks, seems to have had been clearing 2-4 sats per byte without too many difficulties... .. which is $0.20 to $1 per transaction, unless maybe you are combining addresses, but you can send $100 or even $1billion for the same fee.  Not exactly expensive or broken... but hey, whine all you like.  It's a free country the last time I checked..


For a lot of us, the point was to get away from filthy fiat. The current state of the world financially should have been a huge boon for Bitcoin. Inflation frequently hanging out near double digits screams for an alternative. But when adoption turned to disadoption, a lot of incentive is lost when you have to deal with exchanges which represent counterparty risk and loss of privacy under US laws.

But my aim is not to convince anyone here and now, just plant seeds for when people start to open their eyes for themselves.