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by hnaccount_rng
1393 days ago
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But that's not the correct comparison right? It's not that you have to initiate a transfer for the flipping-on of the light. You pay integrated, at the end of the month (or really, the utility trusts you to not change your behaviour dramatically and you pay an expected usage, which is then corrected at the end of the year). That's my main gripe with all those transactions. If you need to initialise a complex utility that involves the trust of multiple parties and the need to verify identities on multiple people. That kind of thing costs macroscopic amounts of money (the going rate seems to be O(20ct)). Unless your average transaction size is much above that, you'll loose to friction. |
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