@thunderbird 9% tx fees for a debit card donation is why we have #bitcoin and the #LightningNetwork, the latter of which has per-tx fees very close to zero, especially for small payments like this.
I'd love to pay for my email and calendar software, but I'm not going to pay banks and U.S. finance corporations as much as feudal lords extracted from peasants in the middle ages for doing so. Please accept open-source money for your open-source software!
@raucao @thunderbird bitcoin fees are insane, the chain is useless as a payment system, Monero is what everyone is migrating to, the true digital cash
Have you actually used Bitcoin lately?
I have, and even if I offer extremely low fees on my transactions they go through the chain just fine.
What you're claiming there just doesn't match real world experience.
@volkris @raucao @thunderbird no, I gave up on it about a year ago because of TX fees.
I do not want to use a payment system that I have to hope it does not get stuck.
There are already far superior alternatives like Monero which work every time, all the time, and tiny fees plus unmatched privacy.
bye bye BTC
@nosat @volkris That's like someone wanting to pay something with a card saying ACH is slow and expensive, thus the USD is crap. And even with your misguided demands and false claims, you can open a large Lightning channel for like $5 within the next 20 minutes right this moment, which will let you do instant and dirt-cheap txs once confirmed.
And aside from all that, I never asked someone *not* to accept XMR. Only a religious zealot would do that in someone else's conversation.
@raucao @volkris you can use whatever crap currency you like, BTC or USD
ACH is very fast and cheap compared to BTC
this is a public forum and not a private conversation, I am responding as a notice to the onlookers who may think BTC is money that is superior to fiat based on what you are posting
a superior alternative exists and everyone should know about it instead of being corralled back into the banker's systems
@nosat @volkris XMR might be usable as a currency, but it utterly fails at being a money. It has less value than literal meme coins, and it's impossible to audit the supply with simple maths.
Claiming that ACH settles faster than BTC is an obvious lie. Anyone can look up the schedule on https://www.frbservices.org/resources/resource-centers/same-day-ach/fedach-processing-schedule.html and compare it to the blocks here: https://mempool.space
And one settled tx on the chain opens the analog of a debit card account on LN, which settles instantly and cheaper than XMR.
@raucao @volkris XMR is actually money and BTC is a collectors item, you are confused
money requires the property of fungibility, this means each unit is the exact same as every other unit
Each sat can be uniquely identified and stamped with a different value than the rest because of the history tied to each one
Money should be private, once you send me some BTC I know your whole history and balance
XMR code has been audited multiple times and contains no found flaws
@nosat are dollar bills money?
Because they aren't the exact same as each other.
Same with Bitcoin.
The concept of dollar and of Bitcoin remain fungible even if the actual paper or transaction record might involve some uniqueness.
And thus, Bitcoin is money, particularly since people buy and sell things with it, as money.
@volkris I can't see the shill's replies anymore. But you're talking about the function of a currency again, as opposed to money.
The idea that BTC isn't fungible is complete and utter nonsense and easily disproved: whoever claims it merely needs to show a single coin I can buy right now, that is discounted due to not being fungible. If they can't, their argument is invalid.
@raucao nosat stated that Bitcoin is not money because "money requires the property of fungibility, this means each unit is the exact same as every other unit"
I don't think that claim is exactly right, and so it's not a solid argument against Bitcoin being money.
Yep, not a valid argument, or even compelling one.
