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denkmoon 4 hours ago

Have you ever actually used crypto to buy something? The transaction fees are exorbitant and prohibitive, and it's slow as balls.

Cider9986 3 hours ago | parent | next [-]

Yes, all the time. I usually pay a 1 cent fee and the transaction goes through in seconds. Not sure what you're talking about.

I can send you some if you want to try it out, just drop an address(for a wallet I recommend cakewallet, but any popular open source wallet works).

I'm talking about Monero specifically, but your reply makes no sense because there are cryptos that have 0 transaction fee and instant confirmaiton. But they are less secure and private so I don't use them, I only use Monero.

denkmoon an hour ago | parent [-]

Yeah, monero has low transaction fees. And is a pain in the ass to get, even more so in significant quantity or at a good exchange rate. You pay a significant premium for the privacy. So just different types of fees. Monero is also far from instant in my experience.

I too have plenty of purchasing experience with crypto and I wouldn’t advocate for it for any legal transaction.

DaSHacka 3 hours ago | parent | prev [-]

That depends on the currency you use. I've only ever used Monero and the transfer fees are fractions of a cent.