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:
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.
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