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Appreciate real world story like this!

The old finance system has crazy fees feeding all these middleman. To pay with a credit card, you pay the payment processor, the bank, the card issuer, and many others. Each provides some piece of the puzzle and in reality a system that provides that level of service rebuilt on Bitcoin won’t be that much cheaper. For instance, look at LN liquidity. Nobody is gonna provide that for free.

I agree that bitcoin payment services will need fees too, and the more congested the networks are the higher the fees will have to be.

I do think that the openness of the bitcoin and lightning networks will make the landscape more competitive than traditional banking, which should lead to lower fees in the equilibrium.

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