Crypto-trading thread

1,117,982 Views | 10921 Replies | Last: 4 hrs ago by Yukon Cornelius
jamey
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AG
TxAG#2011 said:

Do we simply assume the fees will go up?


Does it make sense to compare current fees in traditional finance to what ethereum can offer comsumers as a comparison. If eth is cheaper, isnt that a win for banks that do it and a loss for banks that don't because the end user will follow the money. Plus it saves time for tractions to go thru

Its not uncommon to see 2 or 3% fees to use a bank card. We saw 4% just the other day for an AC repair on a $1,000 job so it cost $1040. Can Ethereum do better and faster?
Yukon Cornelius
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AG
I wouldn't assume anything in crypto lol. The biggest knock against eth fees is transactions being siloed on layer 2s that are using ETH really. But eth can make the money back via another method. Which I think is what Tom is thinking.
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