Comment on PayPal is Introducing a new crypto currency.

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magic_lobster_party@kbin.social ⁨1⁩ ⁨year⁩ ago

Bitcoin has high fees if you’re moving Bitcoin between wallets within the blockchain. You don’t pay fees if you’re moving Bitcoin between wallets within the exchange, because those transactions aren’t registered to the blockchain. It’s essentially just registered into the exchanges internal spreadsheets.

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