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RE: Help John McAfee Save !@#$

in #bitcoin6 years ago

Thank you, but you know the 'high fee' is really a myth. I sent .0179 (the equivalent of $150 at the time) a few weeks ago to someone on the other side of the planet. The transaction was confirmed in 5 minutes or so and the fee was the equivalent of 76 cents--that's a one half of one percent fee. Compare this to Moneygram or Western Union, where the fee is I think a $25 minimum.

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It is a lot better than Moneygram and Western union. Right now.

The high fees are not a myth, they could come back anytime if people start to transact a lot again.

Back in November and December the costs of transactions were up to 50$. There is no certainty that it will not happen again.

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