Hacker News new | past | comments | ask | show | jobs | submit login

> Bitcoin is a store of value. When they need money to buy groceries or pay rent they will sell an amount of bitcoin.

Seems like a great way to lose any stored value in transaction fees. Transaction fees are $26USD right now, which is likely more than what most pay in those countries for their groceries.




Why do people miss the substantial transaction fee when proclaiming BTC as a viable day to day currency? And in poor countries out of all places.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: