Post
Topic
Board Bitcoin Discussion
Re: It costs $0.09 cents to send $0.24 cents of Bitcoin? Really?
by
haploid23
on 18/08/2014, 10:36:17 UTC
I am able to send up to $5,000 completely free of charge from one Chase bank account to another persons Chase bank account, instantly.  With no miner fees or waiting time either.

What a dumbass I am.  And now you see another reason why consumers have zero incentive to use Bitcoin.

So now lets see you send that same $5k USD from your Chase bank account to someone overseas. I bet it will cost you a lot more than $0.09  Wink (actually roughly $300 for wire fee and currency exchange)

"No incentive" to use bitcoin is a bit dramatic of a statement. If that's the case, then why are you still here?