Send 1 btc from exchange to wallet

>send 1 btc from exchange to wallet
>recieve 0.9961 btc

hmmm, explain this

i thought bitcoin wasn't deflationary??

>i thought bitcoin wasn't deflationary??
It isn't. That 0.0039 btc didn't disappear.

fees faggot

holy shit you paid 38 dollars to tranfer 9000 dollars? my fucking sides.

bitcoin is even worse than I thought

so the "jews" took it?

then there's no advantage over fiat then

$38 is used to secure your transaction by hashing. Fiat can be hacked (counterfeit money), and BTC can't.

>transfer 9,631$
>get mad that a fee of 40$ was kept

PROTIP: At any major EU bank, The fee would be 1% == 96$

It goes to the miners so they can validate your tranaction you dense motherfucker. Do you know anything about the tech or did you just jump in like a retarded seal because everyone else was doing it?

The fee is paid to the miner to keep the whole system up, secure and not in the hands of the few.

Would you also advocate friction-free airplanes?

The miners get it as a reward for mining.

There are many advantages over fiat. For one, nobody can artificially increase the money supply.

but fiat is insured by the government aswell

why pay 38 dollars for a secure transfer when jews take your money midways and you cant cash out

I have 0-5$ transaction fees, 98% of the time it's zero so...

Bullshit. Sepa transfers are completely free you fucking NA retard.

>but fiat is insured by the government
Oh my sweet summer child...

>Buy 1 bitcoin early
>Keep it on a paper wallet since ypu told me it will have more value in fhe future
>Finally open wallet
>BTC amount: 1

Explain this fucking jews?????

bitcoin tax

not remotely true

this literally happens with bticoin every day. Please research bitcoin's effect on inflation.

>you cant cash out
this meme again
>why pay 38 dollars for a secure transfer when jews take your money midways
you don't know the tech so at least before spamming threads just google the same fucking thing you write down here.

>larpets claim btc is deflationary
>1 btc will always be 1 btc, or less due to (((fees)))

i knew this was a ponzi scheme all along

>bitcoin's effect on inflation.
this is not related to >artificially increase the money supply
>not remotely true

it's true instead. good luck trying to attack the entire network

>i knew this was a ponzi scheme all along
again you don't understand the tech and probably you are underaged and can't be here

it's directly related and you've exposed your ignorance now coinfag. You're just like the rest of the autists who think they know even marginal shit about finance. Good luck with your retirement in your parents basement /s

>you don't understand the tech and probably you are underaged
this is not an argument

he's been reeeeeeeing for a good while now, pay him no mind. He doesn't understand.

>huurr durrr how dare you question this obvious ponzi scheme
>imma call him underage, that outta teach him

WTF I hate BTC now

No. The only way through which new bitcoins are created is as a reward for mining blocks.

go collect $5 captain obvious

Except now you also have bcash BTG and every other fork too... so actually you did make money

They can take it all away when they want. They can't with BTC. Your call.

If you agree with me on that then I have no idea why you said that it 'literally happens with bitcoin every day'

>Pseudonymous transacting
>open ledger
>anti-inflationary
>anti-fraud
>anti QE
>anti state control

>trustless
>deflationary
>pseudonymous
>open ledger
>cannot be hacked or counterfeited
>not state issued
All that, but....
>There's no advantage to fiat because I cannot use this tech like old money to buy a coffee! And why don't my VHS tapes fit in my shitty obsolete bluray player?

You're a normie faggot. Get out bubblehead.

but it is deflationary.

>print more dollars, dollar inflates
>remove bitcoins from pool, btc deflates

AS btc has a cap, bitcoins get lost by people with btc dying or coins being sent to dead adresses.

this decreases supply, and in relation increases demand.

>he fell for the high fee narrative
holy shit user, have some self respect