Why the heck not?
Posted from Bitcointa.lk - #Utq9WvZbhe5wBitG
Well, the standard setting (i have found in Bitcoin 0.9.0) is "Set fee always = 0".
I find it really dangerous as we all know how long transactions without fees may get "lost" in limbo.
not paying a fee is dangerous. OMG, seriously dude change your mindset
if you add up all the 'fee's of transaction in any given block.. it usually totals less then 0.25btc
mining pool owners take atleast % of total income. so basically fees are paying mining pool owners. and as such fee's are not paying mining costs. its just a greedy bonus..
so i am glad that no one is forced to pay a fee anymore. and that as DECADES go by, fee's can be voluntarily added to transactions. again WE DO NOT AND SHOULD NOT consider fee's as mandatory and necessary to ensure bitcoin mining continues. thats like farmers getting a taxpayers subsidy to farm, purely so that shops can get cheap produce. at a cost to customers paying a premium both in tax and retail purchases. which many agree is a wrong business plan for the farming industry
every 10 minutes 25 bitcoin are mined.. thats over $14k every 10 minutes or $84k an hour.
if this is not enough for greedy miners, then they should stop selling so damned cheap and start allowing the price to rise naturally to get to a price they are happy to sell at.
miners are selling too fast to keep the price at reasonable levels and then they want/demand fee's to compensate them for their impatient decisions to sell too cheap.
so if i read anyone saying fee's are necessary or say its dangerous not to pay, then those people simply are: impatient, selfish, greedy and i hope they stop mining.
customers, average people dont want fee's, and the reward for mining (the 25btc) is more then adequate, the problem as i said before is that miners are selling too soon and too cheap. ruining the bitcoin price and the idea of bitcoin 'nearly free transactions'
-rant over -