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21 sats \ 6 replies \ @BlokchainB 15h \ parent \ on: Stacker Saloon
Bitcoin has fees both on chain and via lightning.
The infrastructure when battle tested fees explode to the upside.
We still have a long way to go to put compete the fiat 3% fee
But settlement is where Bitcoin wins hands down. Cuts out the middle men
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The miners and node runners charge you a fee to confirm and route your transactions
Plus the network can’t handle the billions of transactions that happen every day. The chain was under heavy stress during the ordinals craze.
Once the masses are on chain then we will truly see if your statement remains the same
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a. I share this to encourage small business owners to accept Bitcoin payments.
Plus the network can’t handle the billions of transactions that happen every day.
that's why lightning is here.
b. I don't understand if you're so negative about Bitcoin why are you here?
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Not negative this is known amongst the ecosystem
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You accept and use Bitcoin TO FUCK THE BANKS AND GOVS, not to compete with banks fees...
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