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Re:Bank of England to explore a potential Central Bank Digit... by betterunix2 on Monday April 19, 2021 @06:14PM (#26868490)
Actually, the value of such a tiny micropayment is negative -- it would cost more just to process such a small payment than the amount being paid.
Re:Bank of England to explore a potential Central Bank Digit... by jaredtn on Tuesday April 20, 2021 @08:13PM (#26883741)
Today, with our archaic system. That's why we need digital currencies.
Re:Bank of England to explore a potential Central Bank Digit... by throwaway3699 on Tuesday April 20, 2021 @08:29PM (#26883876)
It costs multiple dollars to make a BTC transaction... Even in a perfect world we are not going to be able to make it free if we still expect the infrastructure to be independently run.