halalmoney on Nostr: “Bitcoin’s fees are based on transaction data size, not the amount sent. [it] ...

“Bitcoin’s fees are based on transaction data size, not the amount sent.

[it] isn’t just about low fees—it’s about freedom, global accessibility, and financial sovereignty for everyone.”

quoting note1c9e…ym8a

Even with higher fees during peak network usage, Bitcoin transactions still outperform traditional financial services like Western Union or money transfers through banks. With Bitcoin, you don’t need to ask for permission to send or receive money—it’s a #trustless system that puts you in full control of your funds, no middleman required.

When comparing this to alternatives like Ethereum, Bitcoin’s fees remain predictable and efficient. While Ethereum’s gas fees can spike unpredictably during network congestion, Bitcoin’s fee estimations allow users to choose their desired priority and cost. For example, you can still process a low-priority transaction for as little as $0.14, which is unheard of in traditional finance.

The beauty of Bitcoin lies in its versatility. Whether you’re sending $10 or $10 million, you don’t pay an increasing percentage like with banks or services like PayPal. Bitcoin’s fees are based on transaction data size, not the amount sent.

The #BankOfBitcoin isn’t just about low fees—it’s about freedom, global accessibility, and financial sovereignty for everyone. note19er…ejma