Quote from: philipma1957 on July 13, 2024, 07:51:31 PM

Quote from: pooya87 on June 13, 2024, 04:38:29 AM

This whole question is wrong because you are only focusing on a tiny insignificant thing (fees) while there are a million different things that are much more important. For starters in 100 years from now, Bitcoin may not even exist. The cryptography used in Bitcoin is going to will have been obsolete for years by 2140, so by then Bitcoin either will have had significant changes (hard forks) that would fundamentally change it or a more probably thing is alternatives will have been invented that replace Bitcoin.

As for fees, people don't tend to use a payment system that is expensive. If that becomes regular in Bitcoin, it would kill it. That means it stops being used by regular people for payment and it will lose its "hype" and subsequently there won't be any reason for scam attacks such as Ordinals to be using the "bitcoin name".

this is a good point. I can send 1-999 usd via Zelle in under a minute for free.

Why use BTC ?

Now Zelle is not world wide like btc is but it is cheap and fast to do.

I can do up to 2500 but I need a fee more checks to go over 1000 to 2500

It depends on what you wanna do and where you're located.

For EU/SEPA, Revolut is a better option.

Bitcoin is a global, unified payment system/standard (unlike SEPA vs SWIFT vs PayPal etc.) and currently fees are low enough to send let's say $1000.

Just like TCP/IP is a global networking standard (that wasn't always the case, back in the 80s/90s we also had BBS, AppleTalk, IPX etc.)