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A comment on Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stiglitz Says. Parent comment

Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by andrioni on Thursday November 30, 2017 @02:28AM (#15814028)
Aren't the bitcoin transaction fees actually higher than what you would get with banks? I don't know how it works in the US, but I can do free almost-instant transfers inside Germany with no problems at all, including for online transactions (like Amazon).
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Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by zaarn on Thursday November 30, 2017 @03:43AM (#15814295)
For transfers under 500$ (roughly) the fees from a proper bank transfer will be more expensive.

SEPA has basically no fee and is usually next day, with SEPA SCT Inst it'll soon be 15 seconds (and no more than 20 seconds) with the same fees, after which bitcoin can't compete on that anymore.

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