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Bitcoin Poem 042

Fees

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Fees - Bitcoin Poem 042 by Christopher Westra

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Fees (Bitcoin Poem 042)

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Traditional financial systems often
Charge high fees for many services
Especially certain types of transactions
Such as remittances, credit card payments
Wire transfers, and late payment charges
Remittances alone charge 6 percent of the
Amount sent globally from one to another
Therefore
Let’s save billions of dollars for real people
By moving to a system with much lower fees
For transferring money anywhere on earth
Bitcoin’s transaction fees are quite small
Especially when using lightning protocol
Imagine the savings and the freedom
As billions start using Bitcoin soon

Written 1/27/23 by Christopher Westra
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