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RE: The Next Step In Hive's Evolution

in LeoFinance4 years ago

If one spends $50 at today's prices, he or she will never have to worry about transaction fees again at the blockchain level. That will provide more then enough ability to trade and transact on a daily basis, no matter how active the trader.

To contrast that, $50 was one transaction on Ethereum last week.

I think you just made the biggest selling point about Hive for the general consumer. They may manage to wait few extra seconds (& Tx can be handled on backend while front end shows operations already completed). They may not care about decentralization or changing the world.

1 Time $50 Fee You Can Get Back With Interest vs $50 Fee You Never Get Back

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Very true although I think it takes on a much bigger connotation in the world of finance.

Because traders spend a lot more than $50 on transaction fees. Think of what it costs to send money electronically.

Hive really has a lot to offer on the fee-less end of things. Why do people still put up with PayPal's percentage? Success merchants are paying them a fortune.

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