Bitcoin Whales Move Nearly Two Billion Dollars For Next to Nothing

Story by: Jon Buck

The ability to move large sums of money in Bitcoin (BTC) at remarkably low costs continues to prove itself true. Often referred to as ‘whales’, massive BTC transactions have been recently completed with fees that are far less than legacy banking.

The transactions have been garnering a great deal of attention on Twitter:

Rhythm@Rhythmtrader

107,848 bitcoin were just transfered for a 0.02 bitcoin fee.

That’s $900,000,000 transfered for $166.

No government, bank or third party had to verify the transactions, nor could they have stopped them if they wanted to.

The true power of bitcoin. ”</p Facebooktwittergoogle_plusredditmailby feather

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