Bitcoin – 83 cents per transaction. Sheesh.

July 23, 2017 (Windy Hill Beach) – “Analysts say a single bitcoin transaction costs on average 83 US cents to execute, which means micropayments are not feasible on the network.”

Source: Gertrude Chavez-Dreyfuss (Reuters – NY), “BITCOIN AVERTS SPLIT AS MINERS BACK NEW SOFTWARE UPGRADE; Support for Bitcoin Improvement Proposal 91 reaches nearly 100 per cent”, Sunday Business Standard (Mumbai, India), 23 July 2017, p. P9

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