Hacker News new | ask | show | jobs
by georgyo 1919 days ago
Can you imagine if your bank charged you to write a check?

I don't understand how people are okay with gas prices being a given.

3 comments

Because gas is like the cost of the paper. I wouldn't want my bank selling a fancier cheque just to charge more, but I do expect to cover the costs of the necessary anti-fraud features, etc. Similar to the cost of the code to verify the transaction.

But yes, it should be lower where possible. Both by code optimization and blockchain/architecture choices.

When my bank says they're sending me a new checkbook for free, I definitely do not expect to pay the price of the paper or anti-fraud features. Do you?
Yes, I don't have free checking anymore so the last book of 50 I got years ago, for weird one-off situations, cost me $5.
"When my bank says ... for free..." is what I wrote
Then to be just as pedantic back, those checks aren't free and you're paying more for them than I am.

But I was talking to georgyo, if you try to insert yourself, stay on topic. It's only polite.

You're new to this internet forum thing...
> Can you imagine if your bank charged you to write a check?

My bank charges me to use an ATM, and to send international transfers, so it doesn't take a lot of imagination.

Network fees for blockchain are the equivalence of taxes. People aren't okay with taxes, but they're the price you need to pay to participate in the financial system.