Disliked{quote} "So....Just to repeat coz I'm stupid" -you didn't have to say this. It was already apparent. you're still not understanding the difference between a digital asset, where the integrity and security is actively maintained, which costs money in the form of electricity and processing power, and a physical product. so let me explain it to you like you are 5: Bitcoin's security relies on lots and lots of people using electricity for processing power. That electricity costs money. They do so because they get paid in bitcoin. These bitcoins never...Ignored
Nobody knows today exactlty how high the transactions costs will finally reach...
Any estimation from the believers is uncredited, as insanely and totally biased.
The costs for the electric power and the costs for the crypto plants devices, plus some mining business profit, plus transactions business profit...
all this will need much more satoshi-shit than the "imagination" of that crypto business troll is fooling you here
Not to mention that the Matrix-gospel administartors will form a CARTEL, obviously!
Because they will have the absoulte global money machine power ...and all of us we will pay them for transactions
The oligarchic behaviour of the few will dictate and manipulate a rigid diabolic market of transactions fees ...That is what any Oligopoly does!
You will have no choice and pay them, whatever the cost they will agree on!
The Federal Reserve of the US will look like a small innocent child next to them
And there are so many more social-economic aspects that bicoin fanatics are not aware of.
But they lie about it, because they will never admit they invested in something so wrong.
So, the transaction fees will possibly match Visa, Westen Union, Paypal...
So why do we need bitcoin ?
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