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December 21, 2017, 01:29:02 PM |
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Hello, I sorta have the idea that cryptocurrency such as bitcoin is used to replace the current currency for transaction since it's decentralized and not regulated by government. There are many shops/restaurant are receiving bitcoin as a payment too. However, I don't see the value in making a transaction via cryptocurrency (bitcoin) due to all the fees that are imposing on the consumers. For example, buying bitcoin from exchange site not only more expensive than the current market price, they also imposed a small transaction fee up to 6% for credit usage. Not to mentioned even after u received your bitcoin and excited to spend it on buying some stuffs, the transaction fee from transferring the bitcoin from 1 wallet to another costed about 0.001 which in current market about $20+ So i don't really get the points, since you'll be practically giving away lot of tips from every usage. Can someone maybe correct my point? of better explain it? Thank you.
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