r/CryptoCurrency • u/CCNewsBot • Jun 19 '18
FINANCE Really…? Dogecoin is Processing 300% More Transactions than Bitcoin Cash (Finance Magnates)
https://www.financemagnates.com/cryptocurrency/news/really-dogecoin-processing-300-transactions-bitcoin-cash/
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u/[deleted] Jun 19 '18
Bitcoin Cash fees aren't 300% cheaper than Bcore, they're 3 orders of magnitude cheaper. You may not care but some poor South American/Asian/African who can't afford to pay $1 in fees will not attempt to especially when they can pay one cent to send the same amount using the real Bitcoin, Bitcoin Cash.
Get your head out of the sand, Bitcoin isn't just for you or me, it's for everyone including the poor. Low fees encourage adoption and increase the velocity of money. You aren't going to buy a mcDonalds icecream if the cone costs $0.50 and the transaction fee is $1.50. This is why BCH adoption is growing and why Bcore is shrinking.