#Bitcoin takes on cash, as more places accept the cryptocurrency...!

in #cryptocurrency7 years ago

One of the biggest criticisms of cryptocurrencies is that they're trying to be something they're not. None of them, after all, is as readily usable for day-to-day purchases as a currency.

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photo: Gillian Flaccus | AP

Then there's the issue of transaction costs. At one point in December, a bitcoin transaction fee was more than $50. It was less than $3 at time of this story publication, however.

Taken together, those fees and taxes would significantly boost the price of a small-ticket purchase...Click here to know the details story

By Annie Nova

Please visit my blog: @wilson76

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transaction costs of bitcoin is very low as compare to last year....

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