Archive: transaction fees

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Vitalik Buterin, founder of Ethereum, is worried about the future of crypto. In an interview with Time magazine, he said he was concerned about the dangers to overeager investors, high transaction fees and the exorbitant displays of wealth that have come to be synonymous with crypto.  “If we don’t exercise our voice, the only things that get built are the things that are immediately profitable,” he said. “And those are often far…

A Broken Payments System That’s Bad for Everyone

By Vin Narayanan on August 14, 2019

The payments ecosystem is a hot mess. And the Federal Reserve, banks and crypto all offer potential solutions. But only one of those is really trustworthy.