EPIC: Invest 2h in this, this has it all! Rugpull Radio Ep 71 Special Guest Lt General Kwast on Bitcoin as CounterInsurgency-MIL-CIV Alliance
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As long as there are fees to use crypto it's not any better than fiat. We rent FERNs. If crypto replaces FERN then there's nothing to stop fees from escalating. Again, we're all fucked. Best thing is gold and silver, and a commodities backed and exchangeable currency, coined by the US Treasury, or whatever's left after the Great Fuckery.. No fees for exchanging goods and services.
There has to be a way to support the network. Somebody has to pay the for electricity of mining and transacting, servers and computers cost money. Fees to rewards those who support the network is the incentive people need to mine/host nodes and help the decentralization continue. Crazy fees like ETH are no good, that why i like XLM for my transactions, but wish it was minable.
Network fees are necessary to incentivize those who maintain and support the network. No fees means no network, which means no utility for the token. To say that fees make crypto no better than fiat is to similarly insist on "free" healthcare.
Healthcare isn't a means to exchange goods and services. Except by barter I suppose. If i want to use crypto and pay fees, fine. But I just want to use currency