this post was submitted on 19 Mar 2024
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Privacy
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Amazing but transaction fees are still too high for normal daily use.
Monero transaction fees are between $0.01 to $0.00
Compare that to a bank wire feez which can easily be $100
Not with L2s like Bitcoin lightning. Your fees come in under a penny in most cases and are not tied to chain space because they are not on chain. This is 100-1000x less than credit cards, for example.
Lightning is the universal answer