Would you tip someone 1 cent for a tweet that you liked?

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@hunter5·
0.000 HBD
Would you tip someone 1 cent for a tweet that you liked?
![new insta official 11.png](https://cdn.steemitimages.com/DQmcmH3YRF9t7Z9Xw8VCX6FEG6saWW6PuVXxQuBPx2DWfUz/new%20insta%20official%2011.png)

If you could reward and be rewarded by others for creating good content on #socialmedia by giving them rewards as small as a fraction of a pennie, instead of a #like , would you?

⠀⠀⠀⠀⠀⠀⠀⠀⠀

In the currency systems that we use today, this is not #possible . 

⠀⠀⠀⠀⠀⠀⠀⠀⠀

Have you ever wondered why certain shops have minimums for card payments?

⠀⠀⠀⠀⠀⠀⠀⠀⠀

It’s because the #currency systems of today are too #inefficient and #expensive to process small transactions. The transaction fees themselves are larger than the actual #transaction so it does not make any sense to make the exchange.

⠀⠀⠀⠀⠀⠀⠀⠀⠀

Cryptocurrencies like Bitcoin, with the use of the #lightning network, make transactions of pennies or fractions of pennies possible because the fees can be as small as $0.000001 cents. 

⠀⠀⠀⠀⠀⠀⠀⠀⠀

#CEO of #Twitter and #square, Jack Dorsey, recently tweeted about loving the idea of bringing #bitcoin to Twitter.

⠀⠀⠀⠀⠀⠀⠀⠀⠀

In fact he is scheduled to do a #podcast this #Saturday , #February 9th, with Elizabeth Stark, CEO of #LightningLabs . Lightning Labs developed the Lightning Network software that Bitcoin uses today. 

⠀⠀⠀⠀⠀⠀⠀⠀⠀

Be sure to tune in!

⠀⠀⠀⠀⠀⠀⠀⠀⠀

#crypto #cryptocurrency #economics #money #wealth #learn #bitcoin #blockchain #economy

#business #finance #future #LNtrustchain


![new insta official 11.png](https://cdn.steemitimages.com/DQmcmH3YRF9t7Z9Xw8VCX6FEG6saWW6PuVXxQuBPx2DWfUz/new%20insta%20official%2011.png)
👍 , , , , , , , ,