This was a great video that cleared up some things for me. I remembered you telling me that you were setting up a video about this so I had to swing on over.

I believe this is great for bitcoin buyers especially newer ones because since they are hearing about how bitcoin is swelling up in value, I doubt they would want to wait for slow transaction times or high transaction fees and I especially doubt they would try to understand the reasoning behind it and instead just chalk it up as a disadvantage to buying crypto altogether.

I remember dealing with the transaction fees on numerous occasions when I was buying ECC on coinexchange. I was already losing time due to ACH transfer times sending money to coinbase and since I was only putting in small amounts I could afford to lose I was basically putting in nothing worthwhile. It was around this time where coinexchange put limits on depositing small amounts of bitcoin saying that they were eating transaction fees so they would put a penalty charge on everyone who couldn't put a few hundred in bitcoin on the exchange. So in addition for the long wait for the ACH->Coinbase/GDAX->Coinexchange deposit to complete I was having my investment battered along the way by fees. Safe to say many new people might be turned off to investing in crypto that way.

Luckily lightning is showing real progress and making both time and fees pleasant. Hopefully this video can be used to show interested future investors that it is basically as simple as investing towards a stock on Robinhood. Thanks again for this video.