@patio11 $10m why? How did you get to that number, even roughly?
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@GCsVentures Two dozen engineers; $2 million a year on legal; $3 million on everything else to keep the ball rolling. - 2 more replies
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It's difficult to count to $1 billion when BTC is not in speculative frenzy mode. Raising fees not an option; amateurs win until collapsing.
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@patio11 1% seems very high for the original promise of Bitcoin (eg frictionless value transfer)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 That’s your most compelling BTC tweet yet. On the exchange I’ve used I can see both how they got VC, and why it’s probably doomed.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 except for the fact that many exchanges only charge <0.25% to seller/buyer, so <0.5% max per tradeThanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 @ericpallen Don’t know about the cost, but overall everyone is aiming for the future, not the current. Also cost is lower over timeThanks. Twitter will use this to make your timeline better. UndoUndo
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