You are viewing a single comment's thread from:

RE: Starbucks Wants to Accept Cryptocurrencies - Lets Get STEEM There!

in #steemit7 years ago (edited)

Well cryptocurrency is the future and bitcoin is still the granddaddy I think but it has scalability issues with high transaction fees. Hopefully lightning network will take care of it but its a good idea to promote steem which will help stem community in the future.

Sort:  

Yeah, I'm not sure how big of an impact LN will make, but it really has to be a fraction of the current transaction fees. No one wants to pay a 50% markup on their cup of coffee. Right now it'd be more like a 500% markup.