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Bitcoin Lightning Network Is 1000× Cheaper Than Visa & Mastercard

2024-12-25T11:52:41+0800

Bitcoin Lightning Network Is 1000× Cheaper Than Visa & Mastercard

Did you know that the Bitcoin Lightning Network is destroying Visa and Mastercard with its speed & cost Recent data from Glassnode reveals that this network is a whopping 1,000 times cheaper to use than the traditional payment giants. Imagine sending 1 BTC across the Lightning Network and being charged a fee of just $0.84! That's equivalent to sending $28,800 worth of value at a mind-blowing fee rate of 0.0029%. Meanwhile, Visa and Mastercard are still charging merchants a hefty 2-3% per transaction. Ouch! This Layer-2 payments solution, built on the world's largest cryptocurrency, not only zips through transactions at lightning speed but also keeps costs absurdly low. It's like having a superhero power that saves your hard-earned money. So, while Visa and Mastercard continue to dip into your pockets, the Lightning Network is here to revolutionize payments and give your wallet a well-deserved break. It's time to embrace the lightning and leave those outdated fees behind!

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