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Author Topic: How to solve "one-size-fits-all" problem of transaction fee  (Read 386 times)
johnyj (OP)
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January 18, 2016, 07:45:17 PM
 #1

Today, it costs the same to transact 1000 bitcoin or 0.01 bitcoin, since you have no way to tell which input is actual spending and which input is the change. So the fee is not percentage based but per transaction based

This is a feature by design. It is similar to airline ticket price must be the same for everyone, because it must allow poorest people to travel, so it must drop the ticket price to the same level as bus or subway

As a result, more and more rich people will love to use bitcoin since the fee is almost non-existing for them, and this will cause the major user group to be middle class and above. Then when the user base largely consists of these rich people, then you can not support those developing countries with extremely low income because these rich users will control majority of the infrastructure of the whole bitcoin ecosystem



Meuh6879
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January 18, 2016, 10:12:02 PM
 #2

rich people buy and build mining device.




 Grin ... seem legit ...  Cheesy
franky1
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January 18, 2016, 10:58:51 PM
 #3

tell the rich bankers to use liquid coin.. and leave bitcoin to the freedom lovers of the world
or

dont care who uses it. no matter if they are sending $1 or $1mill.. as long as the fee's stay as only a few cents each, hopefully less

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
johnyj (OP)
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January 19, 2016, 12:58:49 AM
 #4

tell the rich bankers to use liquid coin.. and leave bitcoin to the freedom lovers of the world
or

dont care who uses it. no matter if they are sending $1 or $1mill.. as long as the fee's stay as only a few cents each, hopefully less

Good point, if the fee is always 0 then it is fair for everyone. But sounds like perpetual motion machine

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