Yes, even I read about the transaction fee. Even if you are moving your one crypto currency to another, you have to pay transaction fee. Its a big disappointment.
Challenges will always exist with new innovations as it tries to cater the huge market. So we need to wait until Lightening Network is released this year or may be early next year :). Cheers!!!
Yeah true. Consider Bitcoin as Digital Gold as it matches all it's true properties except can be transferred without any pain. Yes it is slow because the transactions are increasing day by day. Though there is a solution being built; i.e. Lightening Network which is already being tested. Once it is launched you can do transactions real time, you could also buy coffee n other stuff with it. Also you can swap currencies with each other; like Bitcoin to Litecoin and vice-versa. So we just need to have patience this year as one of the most amazing invention is about to happen. Then BTC will be accepted almost everywhere.
Cheers!!!
Yeah. Of course; though I think there should be a global law/agreement across nations which should be reasonable enough which could benefit both governments and the users.
Though I hope CPAs here have a perfect picture for anyone who has crypto as source of income :). Cheers!!!
Yes, even I read about the transaction fee. Even if you are moving your one crypto currency to another, you have to pay transaction fee. Its a big disappointment.
Challenges will always exist with new innovations as it tries to cater the huge market. So we need to wait until Lightening Network is released this year or may be early next year :). Cheers!!!
Yup, slow and expensive fee.
Yeah true. Consider Bitcoin as Digital Gold as it matches all it's true properties except can be transferred without any pain. Yes it is slow because the transactions are increasing day by day. Though there is a solution being built; i.e. Lightening Network which is already being tested. Once it is launched you can do transactions real time, you could also buy coffee n other stuff with it. Also you can swap currencies with each other; like Bitcoin to Litecoin and vice-versa. So we just need to have patience this year as one of the most amazing invention is about to happen. Then BTC will be accepted almost everywhere.
Cheers!!!
Wow! thats a very nice news. Hope it happens by the year end.
Thanks
Great! I can't wait! Thanks! We need to keep an eye on tax law too. The government is very good at helping us paying taxes.
Yeah. Of course; though I think there should be a global law/agreement across nations which should be reasonable enough which could benefit both governments and the users.
Though I hope CPAs here have a perfect picture for anyone who has crypto as source of income :). Cheers!!!
That's a good idea! We'll see. Talking about taxes, we need to figure out how to do it this year.
Ok, good chatting with you. Have a good night 😉!
Yeah; that's a pain point because no one understands it. Hope everything goes well along the way. Thanks n Cheers!
I am following you now. Please do the same. I mostly like post about crypto space.
Also check my visit to SixFlags: Wild Safari; https://steemit.com/travel/@themystic/photography-six-flags-wild-safari-in-summer
Hope you like it :). Cheers!!!
🤫