Questions tagged [expensive to send]

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Chiara Chiara Mon Jun 10 2024 | 7 answers 1208

Why is it so expensive to send Bitcoin?

Why does it cost so much to send Bitcoin? I've always been curious about this. It seems counterintuitive that a digital currency, which is supposed to be efficient and cost-effective, would have such high transaction fees. Could you explain the reasons behind this? Is it due to the complexity of the blockchain technology? Or is it because of the limited supply of Bitcoins? I'm really interested in understanding the economics behind it. Can you shed some light on this matter?

Why is it so expensive to send Bitcoin?

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