Financial consultant: banking services more expensive Bitcoin on 3233%
Source:
A Financial Advisor from McAdam Financial in Philadelphia Pat Chirchirillo found that the ultimate cost of the withdrawal from your Bank account to 3233% more expensive indicators . Apparently, he just exceeded your monthly limit for withdrawals from a savings account. As a result, the Bank of America charged him $ 10 of the fee as a guarantee that, Chirchirillo does use your account for savings. However, he took advantage of the situation and decided to compare the operating costs of the Bank and Bitcoin.
theOnly Bank of America charged me $ 10 for 6 transfers from a savings account. Please note, if I used bitcoins, I would pay just 30 cents. It turns out, banks are more Bitcoin in the 3233%.
Rule against cryptocurrency
Rule, or Regulation D is an attempt by the fed to force people to keep their money than spend it. The provision allows banks to provide the necessary volume of foreign exchange reserves. That is, when the limit for withdrawal from a savings account customer of the Bank has to pay the draconian Commission.
Writes NewsBTC, on the other side we have cryptocurrencies, which do not fall under Federal securities laws. The main purpose of cryptocurrency – payments within a decentralized network with coins by type Bitcoin or . All transactions are made without intermediaries. For each transaction users voluntarily pay a Commission on the principle of "greater than the Commission – quickly handled transaction".
theFor $ 10 you can make 75 Bitcoin transactions
So, cryptocurrency much more accessible banks. If Chirchirillo used bitcoins, then 10 dollars would be able to hold about 75 transactions. In his case such Commission was paid in just 6 transactions. It turns out banks are still too expensive. More data to search for .
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