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Topic: how can bitcoin survive with 26 USD transaction cost? - page 5. (Read 1474 times)

sr. member
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Merit: 325
i have recently done 2 bitcoin transactions and i had to pay in total 52 usd in transaction costs,

how can bitcoin be used if it is more and more undividable, because smaller transactions arent worth it anymore?

introducing new forks and splits like bitcoin cash bitcoin gold decreases the trust and people start consider it a manipulated centralised pyramid system.

if someone buys himself a hamburger with bitcoin, he has to pay more than 14 other hamburgers for miners...

bitcoin becomes a currency for large transactions only (rich people), you could worthily transact the payment of a yacht or a building with bitcoin but not smaller things..

regards
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