I’ve heard the argument that low transaction fees are one of the advantages of cryptocurrency payments – but in my experience this isn’t remotely true comparing gas fees vs. a traditional payment method. For that matter, they’re not particularly quick or simple transactions either. It seems strange that this is consistently touted as one of the major reasons why cryptocurrency will become widely adopted in the future.
What am I missing?
In: 5
With normal transactions at a store, the business eats the transaction fee. It’s why some places have minimums for using credit card
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