sparky051288 on Nostr: Let’s scale this down to the UK 🇬🇧 If every adult aged 18–60 made just ONE ...
Let’s scale this down to the UK 🇬🇧
If every adult aged 18–60 made just ONE payment per day…
- ~35 million people in that age range
- Average daily transaction: £10
- Typical card fee ~2% = £0.20 per payment
That’s:
35,000,000 × £0.20 = £7,000,000 in fees… every single day.
Over a year:
£7M × 365 = ~£2.55 BILLION lost to card fees.
Now compare that to Bitcoin Lightning:
Fees are often a fraction of a penny.
Same spending, but instead of billions going to payment processors… it stays with individuals and businesses.
One small habit change.
Massive systemic impact.
Scale matters.
Published at
2026-05-02 05:06:08 UTCEvent JSON
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"content": "Let’s scale this down to the UK 🇬🇧\n\nIf every adult aged 18–60 made just ONE payment per day…\n\n- ~35 million people in that age range \n- Average daily transaction: £10 \n- Typical card fee ~2% = £0.20 per payment \n\nThat’s:\n35,000,000 × £0.20 = £7,000,000 in fees… every single day.\n\nOver a year:\n£7M × 365 = ~£2.55 BILLION lost to card fees.\n\nNow compare that to Bitcoin Lightning:\nFees are often a fraction of a penny.\n\nSame spending, but instead of billions going to payment processors… it stays with individuals and businesses.\n\nOne small habit change.\nMassive systemic impact.\n\nScale matters.",
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