You are viewing a single comment's thread from:
RE: Bitcoin Median Transaction Fee $5 USD. Exodus wallet charges $61. Ridiculous.
If Facebook or Amazon were to air drop a currency Bitcoin would be priced out of the market. The value lies in the network effect but is getting more and more difficult to mobilize Bitcoin.
At some point, I must wonder if letting my keys alone and letting Bitcoin acquire value over time is reasonable when a single transaction could cost all of that value.
What I will say sounds dumb, but parking it on an exchange makes bitcoin cheap again. You can trade it for other things, like USDT even, or litecoin. Then you could use the other currency to get it off the exchanges at a low transaction cost. Just if your exchange fails, its gone.
Yeah, thought the same. Is this how it begins? Us deciding between having our own keys and paying huge fees or depositing our Bitcoin in a bank (exchange)
Sad.