DireMunchkin on Nostr: Welp, haven't heard that one before! My response would be - Moving the money is a ...
Welp, haven't heard that one before!
My response would be - Moving the money is a service, and it has a service overhead. The person doing the service for you deserves to be able to profit for doing so. Why should someone else bear the cost of sending your transaction for you? You pay others for many other types of goods and services, why not financial services?
In Bitcoin specifically you're paying a miner to include your data in a block - There's only a up to 4 MB block about every 10 min, so this bandwidth is very limited. Limited means expensive, go figure.
My response would be - Moving the money is a service, and it has a service overhead. The person doing the service for you deserves to be able to profit for doing so. Why should someone else bear the cost of sending your transaction for you? You pay others for many other types of goods and services, why not financial services?
In Bitcoin specifically you're paying a miner to include your data in a block - There's only a up to 4 MB block about every 10 min, so this bandwidth is very limited. Limited means expensive, go figure.