One of the most exciting things that Ethereum can provide for the world is fairer and freer financial services for everyone. The 2.35% transaction fee charged by Visa or Mastercard for nearly every “end-user” transaction that occurs on the planet is nearly all profit, and isn’t even close to representing the cost incurred of providing the service of transaction processing. On Ethereum, we don’t price gas for operations in a way to “enrich” Ether holders, we price gas in a way that is the chea...

One of the most exciting things that Ethereum can provide for the world is fairer and freer financial services for everyone. The 2.35% transaction fee charged by Visa or Mastercard for nearly every “end-user” transaction that occurs on the planet is nearly all profit, and isn’t even close to representing the cost incurred of providing the service of transaction processing. On Ethereum, we don’t price gas for operations in a way to “enrich” Ether holders, we price gas in a way that is the chea...