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Re:Ethereum will use around 99.95% less energy post merge by zucker42 on Tuesday May 18, 2021 @11:52AM (#27196347)
$20 is a little high. ETH transactions are variable cost; more complex transactions cost more. In order to get the price of a simple transfer you can take the current gas price (for example, from https://ethgasstation.info/index.php), which is 87 right now, multiply that by 21000 (cost in gas of a transfer) and divide that by 1 billion. So a transfer costs 0.001827 ETH or ~$6 if you want to happen within a few minutes.

So yes, it's currently not practical for microtransactions.

Re:Ethereum will use around 99.95% less energy post merge by nomel on Tuesday May 18, 2021 @07:13PM (#27202520)
If I want to keep my fees less than 5%, I wouldn't call $100 a "micro-transaction". People don't like paying more, for fun.