Quote:
Originally Posted by biosurfer1
What was the average transaction fee a year ago? $0.39
The transaction fee fluctuates depending on volume, it's only high right now because of mass hysteria around bitcoin currently.
The price of lumber currently makes building a house out of wood look like stupid way to go, but of course that price is artificially inflated right now too.
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So... transactions cost a lot because people are transacting a lot . . because it is a good investment, because in the future, people will be using it to make lots of transactions...
Can you spot the flaw?