Crypto 360°

Dear Gemini, Please stop linking to the Blockstream block explorer. The company only is relevant after hijacking the Core GitHub repo and use it to promote their own projects like Liquid and LN.

Blockstream is one of the worst companies in the world let alone in Bitcoin. It was literally founded by scammers (the two biggest have since been kicked out/left) and continues to use any means necessary to grab more power.

As far as I can tell, the centers of power lie with

(1) Adam Back and the GitHub Repo,

(2) Bitfinex and the Tether money printing machine,

(3) AXA and other legacy organizations providing capital,

(4) BitFury as their go to miner,

(5) now apparently they have Gemini as their go to exchange.

submitted by /u/ImRichBCH
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source https://www.reddit.com/r/btc/comments/cbsiai/dear_gemini_please_stop_linking_to_the/

Fees are not a payment for processing nor storage of transactions

How can they be if it's only the miner who have found the block gets paid? Others are forced to process and store the transaction and get no money from the fee.

When you pay the fee you create a contest and fund the prize for ADDING your tx to the next block.

Fees as payment for storage and processing is a missconception.

submitted by /u/Licho92
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source https://www.reddit.com/r/btc/comments/cbry0g/fees_are_not_a_payment_for_processing_nor_storage/