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iopq@lemmy.world ⁨1⁩ ⁨year⁩ ago

The payment processors take a big fee, like 3% + $0.30

You can’t just sell one song for a penny.

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ttmrichter@lemmy.world ⁨1⁩ ⁨year⁩ ago
What are the “gas” fees for Ethereum like again. You know, one of the two you touted above as being viable alternatives to actual money.

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- iopq@lemmy.world ⁨1⁩ ⁨year⁩ ago
  If you think that’s too much, use a different crypto. I’ve exchanged some crypto with a friend for local currency and it cost me less than a penny to make a transaction.
  
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  - ttmrichter@lemmy.world ⁨1⁩ ⁨year⁩ ago
    Typical crytobro bullshit. Moving goalposts.
    
    YOU touted Ethereum. Then you talked about “one cent songs”.
    
    Be at least a little consistent in pushing your scam? I mean this constant whirling around is just making you dizzy and making your scam ever so obvious to onlookers.
    
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    iopq@lemmy.world ⁨1⁩ ⁨year⁩ ago
    It depends on what crypto you use, they all have upsides and downsides. Bitcoin cash has incredibly long confirmation times like Bitcoin, you can only sell cheap stuff with no confirmation because it’s not safe (you can double spend if you’re a miner)
    
    I exchanged Bitcoin cash with extremely low fees for moving it. But I don’t know if it actually has a future, most people are not really bullish on it. Cryptos have to be used as a form of exchange to have value on the market. I thought Nano with no fees had a future, but that’s a feature most people didn’t care about
    
    But you don’t have to choose, offer bch, monero, Bitcoin lightning, etc. and let the user decide what crypto they want to pay with
    
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- ttmrichter@lemmy.world ⁨1⁩ ⁨year⁩ ago
  The best part of Ethereum:
  
  When a transaction has failed due to an “Out of Gas” error, this means the gas limit set for a transaction is below the required gas needed to execute it. The transaction value does not leave your address but gas fee is deducted because of the computational cost incurred.
  
  You pay the gas fee whether your transaction goes through or not. What. A. Fucking. Scam.
  
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