that's the fee, but BTC prints money out of thin air every time a transaction is processed. If you compare transaction volume to payout volume, the effective transaction fee is on the order of 5% or $30, as explained in the original article... additionally, once BTC refuses to print any more coin, then the miners will start charging the money movers for their services, rather than charging the BTC network itself.
Comments
that's the fee, but BTC prints money out of thin air every time a transaction is processed. If you compare transaction volume to payout volume, the effective transaction fee is on the order of 5% or $30, as explained in the original article... additionally, once BTC refuses to print any more coin, then the miners will start charging the money movers for their services, rather than charging the BTC network itself.