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A comment on EU plans to make Bitcoin transfers more traceable. Parent comment

Re:EU plans to make Bitcoin transfers more traceable by pennaMan on Wednesday July 21, 2021 @01:53AM (#27902780)
>Cryptocurrency fees are significantly more expensive

That statement makes no sense. Crypto transfer fees are not a percentage of the transferred amount.

[ Parent | on HN ]
Re:EU plans to make Bitcoin transfers more traceable by erk__ on Wednesday July 21, 2021 @03:38AM (#27903426)
For bitcoin at the moment you have to move around $1300 before the fee is less than 0.2%

And around $2400 for etherium. Which means that in the common use as a payment it will be more expensive. On top of that you get into questionable situations if the shop owner wants to charge differently because of the fee as that is already disallowed for plastic cards.

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