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RE: Bitcoin Median Transaction Fee $5 USD. Exodus wallet charges $61. Ridiculous.
what if bitcoin goes to 500k as people expect , then what how much fees it would be
what if bitcoin goes to 500k as people expect , then what how much fees it would be
The $5 USD transaction becomes $500. The Exodus wallet would then be charging $6,000 to send.
No reason to think BTC will get that high without changing the protocol further. Something else would just beat it. After a year of paying 40% of our BTC value in transaction fees people would figure it out, I already have. I send using DASH, my last resort is a BTC network transaction.