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Comment by timerol

Credit card transactions generally take 2.9% + $0.30, which completely removes the possibility of making money on micropayments. Theoretically crypto should enable lower-fee transactions which could enable micropayments.

I say that, but a transaction on the Bitcoin ledger has been more expensive than $0.15 since mid-2016 and fluctuates wildly. Other cryptocurrencies might be able to handle this better. I'm optimistic about Stellar being a useful transaction network, but I don't think the value of 1 XLM is going to move much relative to 1 USD.

parent timerol 6 years ago

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