• Hirom@beehaw.orgOP
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    3 months ago

    Bitcoin is not practical for small purshases, because transaction takes several minutes, and have around 50USD per-transaction fee. Note the cost of fees and value of bitcoin vary wildly, so the same amount of bitcoin may be enough to pay rent in August, but not in September.

    On a more ethical level, it’s also quite bad because of the insane energy cost of bitcoin transactions.