Hacker News new | ask | show | jobs
by nivexous 2827 days ago
Because it's not a good argument. The fees are low because usage is low, but as soon as usage rises, the fees will rise again too. That's a broken system. Also, fees on BTC today are still not negligible. Average is 30-50 cents USD, which is unacceptable still for many parts of the world. BCH fees are 0.2 cents.
1 comments
h1d 2827 days ago
> The fees are low because usage is low

> BCH fees are 0.2 cents

You're eating your own tail.

link
uncletammy 2826 days ago
This is where that whole "blocksize debate" turns out to have been worth discussing.

A sudden increase in demand for BTC will send the fees through the roof because of it's tiny 1mb blocksize. The same increase in demand will result in ~ 1/32 the increase in fees. This is due to BCH's 32mb block size.

link
nivexous 2827 days ago
BCH fees would stay this low even with 30x Bitcoins transaction volume.
link