Since I'm not super tech-savvy nor have a degree in finance (yet), please perceive this post more as a quick concern rather than an analysis of how things should be.
If the goal is to have a P2P cash flow in society, shouldn't we aim for this to be done without any fees?
At least when we're talking about everyday transactions. No-one wants to receive 19.9823 (insert currency here) after a friend sends us 20 (insert same currency here) for beers. To me such a system sounds unnecessarily annoying - especially coming from living in a country where I have several ways to send money with ZERO fees to friends and family already with a quick swipe in an app. I'm very aware that Bitcoin and other cryptocurrencies provide fantastic solutions to other fee-related concerns in the financial system.
Submitted December 02, 2020 at 06:11PM by BiteOfLife https://ift.tt/39FIeNZ https://ift.tt/2Z7cX2s
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