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by raverbashing 1966 days ago
As in the "think of the kids" or "fighting terrorism" umbrellas, the "fight money laundry" monicker is bought and supported by Joe Naive then they are surprised when their account gets locked because they split a dinner with their friend or why the bank treats them as a criminal if they want to deal with cash.
1 comments

I once went to a club called cuba nova in Germany. I didn’t have cash for the entrance fee so I borrowed it from a friend of mine and she sent it to herself from my phone via PayPal. End of the story was that she put “cuba” in the message and our accounts got blocked. It took a staggering amount of information and arguing that we are not dealing with Cuba the country to get our accounts working again.

Bitcoin solves this

If the fee to transfer Bitcoin is $20...
Use Lightning network. It’s virtually zero fee and lightning fast.
Still have to spend the $20+ to put cash on the lightning network, right?
Oh no...that's like...the cost of an ugly pleather wallet!
It means Bitcoin can't work for micropayments.
> If the fee to transfer Bitcoin is $20...

Did a tx for $2.13 mining fee and it was confirmed in the next block, 14 mins, so will you just stop with this nonsense?

The transaction fees change over time depending on demand. Maybe you should stop with the unlikely edge case: network is underutilized.