01-18-2022, 07:27 AM
ETH fees are too damn high
<!-- SC_OFF --><div class="md"><p>Yes, this is a great coin and it is a top technology, and maybe ETH will be number one but those damn fees..</p> <p>I say this from the perspective of the average user.</p> <p>How to explain to a newcomer who wants to buy, say, an ERC-20 token that he has to pay hundreds of dollars to perform ordinary transactions. </p> <p>And then the newcomer needs to be explained that a fee that can cost him hundreds of dollars can be lost forever if the transaction fails. </p> <p>Cryptocurrencies should make our finances easier, not harder. And I'm sorry to say this, but I think that with ETH 2.0, the fees will also be incredibly expensive. </p> <p>In the real world, people aren’t used to paying that much for everyday transactions. </p> <p>How do you even start researching and trading ETH if you are from some country where salary is less than the fee that we need to pay?</p> <p>The vision of the crypto future should be cheap, nobody wants to pay a few hundred to enjoy that freedom.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/UnexperiencedIT"> /u/UnexperiencedIT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s6kgk7/eth_fees_are_too_damn_high/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s6kgk7/eth_fees_are_too_damn_high/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Yes, this is a great coin and it is a top technology, and maybe ETH will be number one but those damn fees..</p> <p>I say this from the perspective of the average user.</p> <p>How to explain to a newcomer who wants to buy, say, an ERC-20 token that he has to pay hundreds of dollars to perform ordinary transactions. </p> <p>And then the newcomer needs to be explained that a fee that can cost him hundreds of dollars can be lost forever if the transaction fails. </p> <p>Cryptocurrencies should make our finances easier, not harder. And I'm sorry to say this, but I think that with ETH 2.0, the fees will also be incredibly expensive. </p> <p>In the real world, people aren’t used to paying that much for everyday transactions. </p> <p>How do you even start researching and trading ETH if you are from some country where salary is less than the fee that we need to pay?</p> <p>The vision of the crypto future should be cheap, nobody wants to pay a few hundred to enjoy that freedom.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/UnexperiencedIT"> /u/UnexperiencedIT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s6kgk7/eth_fees_are_too_damn_high/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s6kgk7/eth_fees_are_too_damn_high/">[comments]</a></span>Kind Regards R