Comment: Barrier to entry

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Barrier to entry

I was about to jump right in to Bitcoin and do some trading with it.

Then I found out the biggest barrier to entry...

The percentages charged on transactions.

(This is Australian money, unsure of other country charges)

3.45% merely to deposit.

.6% per transaction

On $10,000


$345 Deposit

$60 Per transaction

please discuss this most important component of Bitcoin to really round out the discussion.

I see it as the Achilles heal of Bitcoin.