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by yolobey
3126 days ago
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I got an international payment recently via bitcoin and the fee was under £2 on the sender side. If it had gone through my bank It would've costed me £7 to receive and way more on the other end to send. So I do get the criticism about high fees when paying for a coffee, but maybe that's not the ideal use case for bitcoin. It could've been cheaper with another cryptocurrency but it's a tolerable enough percentage at the moment compared to another widely used solution for international transfers. |
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