Topic: Mining fees need to be lowered if Bitcoin is to go mainstream. - page 2. (Read 1621 times)
Bitcoin is not fit for microtransactions. I want to use Bitcoin in a business that facilitates microtransactions, unfortunatley I will have to use my own accounting mechanism cause the miners eat up to much of the my users money (I myself dont take a cut). This problem is larger than me, it stunts bitcoin usage for micro transactions in general. If you send a dollar and miners eat 10 cents thats 10% no matter how you slice it. If it cant be used for microtransactions other things will fufill this void. How do we fix this?
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