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The Daily Hodl
2019-09-08 19:30:10

Binance CEO: Billion-Dollar Crypto Transfers Expose Pitfalls of Banks

Binance CEO Changpeng “CZ” Zhao is hailing cryptocurrency speeds and low costs as Bitcoin pioneer Charlie Shrem says the $600 transaction fee for a recent BTC transfer of $1 billion was too high. $600 to move $1B within minutes. The funny thing is, they overpaid by a large margin 😂. This is #bitcoin https://t.co/mrGJSk0sdU — […]The post Binance CEO: Billion-Dollar Crypto Transfers Expose Pitfalls of Banks appeared first on The Daily Hodl.