Post
Topic
Board Bitcoin Discussion
Re: It costs $0.09 cents to send $0.24 cents of Bitcoin? Really?
by
inBitweTrust
on 17/08/2014, 23:41:35 UTC
Is this what they mean when they say Bitcoin can never be used for micro transactions?   

While 9 pennies is a hell of a lot better than 30 pennies +2.9% found with many traditional merchants your concern is somewhat valid and we should encourage lower fees for micro transactions.

https://www.youtube.com/watch?v=m2q9pItnO0U&t=17m52s

Anonymous and trust less Payment channels facilitated by oracles could solve this concern.