The cost of bitcoin system is too high.it is not a cheap payment at all.

[Elwar]

http://www.coindesk.com/microscope-conclusions-costs-bitcoin/

First,I don't know where these coindesk's number come from，and,which part is counted.
Second,I think some number should not put together.
For example, glod mining and Bitcoin mining,It is different.
It's not fair to both glod and Bitcoin.

I included the link to the article that goes into detail on where they got the numbers. And those numbers are conservative.

[oyasumi]

http://media.coindesk.com/2014/07/Picture-5-630x210.png

http://media.coindesk.com/2014/07/Picture-23-630x227.png

http://media.coindesk.com/2014/07/Picture-7-630x316.png

http://www.coindesk.com/microscope-conclusions-costs-bitcoin/

First,I don't know where these coindesk's number come from，and,which part is counted.
Second,I think some number should not put together.
For example, glod mining and Bitcoin mining,It is different.
It's not fair to both glod and Bitcoin.

I included the link to the article that goes into detail on where they got the numbers. And those numbers are conservative.

I checked it again,I just can't find their method.Did I miss something?
It seems these details is the conclusion based on these number,but not the evidence of these number.

[amaclin]

I checked it again,I just can't find their method.Did I miss something?

Yes. You have missed that these digits are bitcoin promotion.
We can compare expenses of bitcoin network and bank system.
But.
We should compare the cost per transaction, not total expenses.

[Grumpster]

OP seems to actually know nothing about the bitcoin protocol, or, for that matter, anything about why bitcoin got so successful in the first place...

[oyasumi]

In fact,the cost of any digital currency's prodction is zero,whatever the digital currency come from(banks,bitcoin system、 a game etc.)
The only thing can be  compare with the cost of bitcoin system is the clearing network.
Because Bitcoin network is just a clearing network.
The cost of bitcoin system is the cost of bitcoin clearing network and its security of the bicoin clearing network.

[amaclin]

the cost of bitcoin system is the clearing network.

~ USD $20 per one transaction for bitcoin network today. May be even more.

[oyasumi]

I checked it again,I just can't find their method.Did I miss something?

Yes. You have missed that these digits are bitcoin promotion.
We can compare expenses of bitcoin network and bank system.
But.
We should compare the cost per transaction, not total expenses.

We were just talking about where those numbers come from.