RE: How much burned by the burn posts in July?

[ssjsasha]

If there was a 0.01 Hive base fee for every transaction, that gets burnt, do you think that would help the chain at all or if anyone would even care to pay this fee? I mean we can play with the numbers a bit but these burn posts are super impressive. Imagine if that $10,000 was mostly sell pressure, with our illiquid pairs not sure how long the price would sustain.

Comments

[themarkymark]

I’m not sure it would make much of a difference. The fee is usually low enough it’s fairly insignificant. It would also go against one of the main tenant here of no fees.

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