@donkeypong @cuckoo If STEEMIT really takes off (and hence STEEM too) then businesses may start accepting STEEM or SBD for payment anyway - in this case the fees could be slashed since the business itself would not have to pay any third party for the transaction.
That is the big hope with most cryptos actually just with Steemit/STEEM it could happen before it does for other cryptos due to the low barrier for entry.
RE: Screwing the World’s Poor for $16 Billion? Steem and SD Can Cut the Cost of Money Transfers and Take Down the Predatory Remittance Industry