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Message-ID: <52854D04.5070005@monetize.io>
Date: Thu, 14 Nov 2013 14:21:56 -0800
From: Mark Friedenbach <mark@monetize.io>
Organization: Monetize.io Inc.
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Subject: Re: [Bitcoin-development] moving the default display to mbtc
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-----BEGIN PGP SIGNED MESSAGE-----
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On 11/14/13 2:00 PM, Alan Reiner wrote:
> Just keep in mind it will be a little awkward that 54.3 uBTC is
> the smallest unit that can be transferred [easily] and the standard
> fees are 500 uBTC.    It's not a deal breaker, it's just something
> that needs to be taken into consideration when it comes to user
> perception (which is one of the reasons we would make such a change
> in the first place).
> 
> "Holy crap these fees are huge!  I thought Bitcoin didn't have
> fees!"

Well.. they are huge. 20 cents suggested fee for a irrevocable
transaction?
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