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Good point.

I'd say anonymous payments is a little different from being uncensorable though. You'll stay anonymous even after the payment has gone through.

As for transaction fees, if we exclude Bitcoin which has really high fees, cryptocurrency fees are very small and almost negligible.[0]

Getting money out of the country is always relative. Even with Bitcoin's volatility it's much preferred to losing all your money. Either you cannot bring it with you through the border, or Venezuela's hyperinflation will eat it up in a flash.

[0]: https://whycryptocurrencies.com/cheaper_faster.html



>> As for transaction fees, if we exclude Bitcoin which has really high fees, cryptocurrency fees are very small and almost negligible.[0]

That's probably because their popularity among users is also negligible. Problem with cryptocurrencess is that they don't scale well, with increased transaction volumes the fees and processing times also tend to rise until network's hashing power catches up.


Not exactly. Fees are high in Bitcoin because they want it to be. Bitcoin Cash could for example handle at least 20x of transaction throughput, with the same low fees.

Of course scaling is difficult. But Bitcoin isn't a good example of that.




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