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RE: How much of a future does bitcoin have with $16 transaction fees?

in #bitcoin7 years ago

One of the most powerful arguments against Bitcoin is the centralization of power, Steem is highly centralized in who owns it and this will be a detriment to future adoption. Zero fees don't matter if there is little to no money flowing through a system when the majority do not have enough to make meaningful exchanges with, and everyone is holding onto it for speculative purposes.