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by Stention314 1314 days ago
Bitcoin fees are often not cheap at all.

Just a week ago someone got cought and the fbi took his 3 billion dollar worth of BTC.

Sending crypto to someone in Iran or Russia is against the law independent of how you do it.

And just because you can send BTC to Iran someone in Iran also needs to exchange it to something real again.

While banking is more restrictive, when you go to your bank with your passport, you actually can recover your account. I know someone who lost 10k because he lost his key.

For most people it's saver and easier and they are not affected and don't care about all those BTC/crypto benefits at all
2 comments
kevinak 1314 days ago
You need to start backing up your statements with facts. Please show us that bitcoin fees are "often not" cheap at all.

Here's some actual data you can look at: https://mempool.space/graphs/mining/block-fee-rates#all

Look at the "Min" fee rate; regularly very close to 1. That's $0.02 at current prices.

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Stention314 1314 days ago
Sources? I was buying and transferring bitcoins over 8 years as I bought weed through it.

Of course you can even pay 0 but you know it's not the normal someone would wait days for the transaction going through.

You clearly did not use Bitcoin often enough otherwise you could just looked the spikes up yourself. That first corona year was even worse with the fees.

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kevinak 1313 days ago
That's not a source.

I literally posted a source showing you it's very cheap. The minimum fee is the lowest fee you'll pay to get into the next block.

I used Bitcoin way back in 2010. Though I don't understand why that makes a difference since you can look up the prices in hindsight.

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wsc981 1313 days ago
> Sending crypto to someone in Iran or Russia is against the law independent of how you do it.

One thing to keep in mind: laws are not always just.

I believe it's okay to sometimes not follow the law, if the law is unjust. One example: in WW2 Germany there were many laws against minorities that were unjust [0]. Most law obedient people would follow these laws regardless.

Perhaps a person want to support his family in Iran or Russia that's going through difficult times. And perhaps crypto is the only way to help. In such cases I think it's okay to oppose the law.

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[0]: https://encyclopedia.ushmm.org/content/en/article/the-nuremb...

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