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A comment on Ethereum Isn't Fun Anymore. Parent comment

Re:Ethereum Isn't Fun Anymore by ccortes on Monday February 22, 2021 @07:59AM (#26223982)
I don't know if you'd count it as a blockchain solution but I constantly use crypto to send money to my family and it's the best solution that I've found.

And yes, I now about transferwise, paypal, swift, etc. And using crypto is faster and cheaper.

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Re:Ethereum Isn't Fun Anymore by Karunamon on Monday February 22, 2021 @10:14AM (#26225426)
I call maximum shenanigans on "cheaper" unless you're sending large amounts of money.

Bitcoin: ~$25

Ethereum (and all tokens): ~$17

For comparison, to burn that much in fees on Paypal (2.5% + 30c), I'd need to send around 10K.

Crypto is currently pointless for anything other than big transactions, and the unpredictability of the transaction fees, let alone the coin's value, is a big problem.

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Re:Ethereum Isn't Fun Anymore by ccortes on Monday February 22, 2021 @01:55PM (#26228738)
There's more than just bitcoin and ethereum
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Re:Ethereum Isn't Fun Anymore by Karunamon on Monday February 22, 2021 @05:22PM (#26231485)
Not that have any kind of mainstream usage.
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Re:Ethereum Isn't Fun Anymore by ccortes on Monday February 22, 2021 @07:04PM (#26232305)
They have more than enough to make transactions cheaper than other alternatives. Call it whatever you want.
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Re:Ethereum Isn't Fun Anymore by imtringued on Monday February 22, 2021 @09:39AM (#26225011)
What are the tax implications for the receiving side?
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