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A comment on Crowdfunding is too expensive. Parent comment

Re:Crowdfunding is too expensive by Marazan on Monday December 29, 2014 @12:07PM (#8810610)
Apart from, you know, the Bitcoin transaction fees. Plus the fees to convert money into Bitcoin.
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Re:Crowdfunding is too expensive by lightlike on Monday December 29, 2014 @12:18PM (#8810666)
bitcoin transaction fees do not depend on the amount transferred. for a standard p2pk transaction of any amount the fee is less than 50 cents https://en.bitcoin.it/wiki/Transaction_fees
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Re:Crowdfunding is too expensive by mike_hearn on Monday December 29, 2014 @04:27PM (#8811892)
Less than half a cent, actually. Many people pay more than they need for no real reason.
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Re:Crowdfunding is too expensive by illumen on Monday December 29, 2014 @12:12PM (#8810633)
Plus fraud costs.
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Re:Crowdfunding is too expensive by yebyen on Monday December 29, 2014 @12:20PM (#8810691)
What fraud costs? Bitcoin transactions are (basically) irreversible.

You either received them or you didn't, and if your policy is to allow refunds to your customers (when they report a fraud or for any other reason) then all you have to do is send it back. So, what fraud costs?

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Re:Crowdfunding is too expensive by lightlike on Monday December 29, 2014 @12:19PM (#8810673)
what fraud costs? please elaborate
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