Post
Topic
Board Bitcoin Technical Support
Merits 1 from 1 user
Re: [Jun 2024] Fees are high, wait for opportunity to Consolidate your small inputs
by
BlackHatCoiner
on 17/06/2024, 13:09:37 UTC
⭐ Merited by philipma1957 (1)
I assumed that 100 GB per day was meant to be further in the future. But just imagine that: that's about 500 million Bitcoin transactions per day, which would mean mass adoption has been reached.
Or a few spammers who want to store 4k movies on-chain. With 700 MB block clearing up the mempool every 10 minutes, you could store gigabytes of movies for a nickle.

It's funny you mention that: here, it's the opposite. More and more merchants including government institutions refuse cash, and only accept card payments. We're a debit card country though, so fees are a lot less than with creditcards.
In my place, they do hate it when you're asking to pay with card for anything lower than 5€. They'll find an excuse that their POS is broken, and accept only cash for the moment.