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A comment on Is blockchain really cheaper than centralised payment systems?.

Re:Is blockchain really cheaper than centralised payment sys... by elvinyung on Thursday August 31, 2017 @02:26AM (#15138518)
Did anyone ever say that Bitcoin would be cheaper?

It's pretty well-known that things are more efficient if you can trust a centralized authority to maintain them. The point of Bitcoin is the decentralization, not efficiency in any way.

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Re:Is blockchain really cheaper than centralised payment sys... by levashovbiz on Thursday August 31, 2017 @02:56AM (#15138643)
A lot of people claim that blockchain will be cheaper.

For example this is from Deloitte: By eliminating third party intermediaries and overhead costs for exchanging assets, blockchains have the potential to greatly reduce transaction fees.

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