22 posts • Page 1 of 1
Bitcoin being decentralized plays a huge part in Bitcoin transactions being cheaper than the fiat currency ones. Since the cryptocurrency doesn't need to go through a clearing house (Master card, Visa card) or monitored by the government or private regulatory authorities, the rates are set individually by each exchange company. The reason as to why these companies charge lower fees is just to attract more clients to expand their business.
Because Satoshi wants to minimize the burden of fiat money transaction’s cost.
It performs all operation digitally, that’s why its cost is low
I don’t know, but its good
Transactions are done digitally, I don’t think so it needs any charges, yes companies charge more.
Bitcoin is not in control of any government or any other authority, that’s why its price is not too much high.
You should be relaxed because of its price. it’s good that it has a low price.
Thank God! It has low transaction cost.
Just enjoy the low-cost facility and don’t think about its reason
Did you tell me how much Bitcoin do you have?
You have a benefit, why you are digging for the reason.
May be its electronic process need no fee, but it’s holder charge for services
Bitcoin enjoys the monopoly in price. Decentralization making it more reliable among the users. that’s why its transaction cost is very low.
I didn’t think about it
It’s confusing, I also didn’t get the right answer.
Why are you not enjoying the fuckin low transactional cost benefit? I don’t think so, you have a valid point about it
Its whole system performs digitally, which consume the cost of transportation, agent’s fee, taxes and most important timing.
Jesus knows well!
I don’t know why but I know I have coins, spend them in daily routine.
Who is online
Users browsing this forum: No registered users and 1 guest