When you send or accept cryptocurrency, it's easy to think you're sidestepping the hidden costs of traditional finance. But behind every "instant" transfer lies a maze of gas fees, withdrawal charges, and profit margins that look a lot like the very system crypto promised to disrupt.
Investor Kevin O'Leary recently railed against the problem. "Ethereum, the largest blockchain in the world, got congested and fees skyrocketed past $1,000 just to process small transactions," he said. "That's like paying a thousand-dollar toll to drive on a one-lane."
