You know the great thing about capitalism? Pay me $5 and I'll tell you.
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Like in my bank, transferring 5k from my own account to my other account is free (or N x 5k), but 6k costs 5 EUR because... Nobody knows. I think there is a fax machine involved at some stage.
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Probably some humans have to get involved past that point because of tax/money laundering/insert legislation here
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For many uses there are fee-less alternatives (some bank-to-bank transfer systems, checks in the mail, venmo using bank transfers), but those only get you so far.
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Er sorry if you were explicitly referring to Patreon, missed the context initially.
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Enter cryptocurrencies.
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given how high frequency trading operates, its pretty clear that the real cost is more like $0.00001
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Why?
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Come to Denmark, we have communism and the Dankort (though the neoliberals are doing their best to ruin both).
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1. So, worst case scenario it will be the same? Sounds like it's worth the shot. 2. They are wasteful compared to what? Rockets are wastefull, but we don't have an alternative to put satellites in orbit.
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