Hi there!
I'm new to BTC and have a question that I'm hoping has an obvious overlooked answer.
A big benefit to BTC is that we can make crazy small payments (down to the penny's), but from what I can tell, there's a $2-3 mining fee for every transaction.
For cryptocurrencies to really take off, shouldn't this transaction fee have to at least rival that of a CC fee of 3%?
I mean, it's not worth it for day-to-day purchases otherwise.
Please help me understand what I'm missing.
How can I use my phone to transfer $2.50 worth of BTC to buy a coffee to my local coffee shop without incurring crazy fees to do so?
Thanks in advance!
.: Psyance
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