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BTC TX fee Could Buy A.........

1 6 exc boost
Avatar for sirzaffan04
Written by   7
11 months ago

I see various posts on reddit about what a current BTC charge can purchase. It's generally something like a major macintosh, sub, or a lager. That is all and acceptable yet it's not the main thing. For most those things are extravagance things. So lets investigate a few things more essential. Charges are far up today so to make things simple I'm going with a $5 tx expense.   Looking for information on the number of individuals can be taken care of a supper with a pack of rice (1 kilogram) I thought of a scope of between 10 to 25 individuals. Next I took a gander at what that sack of rice costs in various nations. In the US that pack of rice costs simply over $4. That implies a $5 BTC exchange charge could take care of 12 to 31 individuals one supper. In Nigeria it's just shy of $2 so twofold that in addition to a little so say 25 to 64 individuals a supper. In India the expense is under $0.75. There a $5 tx charge could take care of 67 to 167 individuals a dinner.   Next lets take potatoes. Harder to discover a response for the amount to take care of an individual a supper with these. Best I can think of is a kilogram will take care of around 4 individuals a feast. So taking a gander at the potato graph US cost is about $2.67, Nigeria $1.70, and India $0.40. So a kilogram of potatoes could take care of almost 8 individuals a supper in the US, 12 in Nigeria, and more than 50 in India.   Presently for all you brew consumers out there lets check those costs. Going with .5 liter jugs of homegrown lager. US shows $2.41 so that $5 expense will get you 2 brews. Nigeria is just $0.76 so a 6 pack with change. India at a $1.78 will get you very nearly 3.   So you can see that a high BTC expense could take care of a few people or purchase two or three lagers for an individual even in nations with excessive costs for food and brew. It's not about the extravagance things like going out for a burger or brew at the bar. It's about what individuals in need can use to endure. Likewise remember the costs aren't what you can really purchase things for. Looking I realize you can get potatoes for $0.99 for a 3 pound and once in a while even a 5 pound pack. So under a dollar a kilogram.

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Avatar for sirzaffan04
Written by   7
11 months ago
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Amazing

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11 months ago