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1,254 Views • May 30, 2024 • Click to toggle off description
#CryptoInsights #InvestWisely #CryptoGambling #FutureOfPayments #ClarkSpeaks #CryptoCaution #InvestmentAdvice #CryptoTalk #DigitalCurrency #FinancialWisdom
Views : 1,254
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Uploaded At May 30, 2024 ^^
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RYD date created : 2024-05-31T15:34:43.252278Z
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@AustinTXProgrammer
3 months ago
Crypto transactions are simply too expensive to displace the incumbent financial system. The average Ethereum transaction cost (gas for those that want to argue) is $1.54, but if the timing is poor could surge over $100. Bitcoin is even more expensive. When ACH transactions are under $0.50. As technology advances, crypto transactions could come down, but the distributed nature of it changes the economic pressure. I think we'll look back on it as a passing fad that drove global warming. If we even survive to look back at it.
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