More than 60k$ in transaction fees

is what u/SenatusSPQR would have paid, if he would have done his post (https://www.reddit.com/r/CryptoCurrency/comments/pztksp/hi_redditors_im_giving_away_110_nano_500_and] https://ycharts.com/indicators/bitcoin_average_transaction_fee) with bitcoin instead.

how do i get this number:

current transaction fee for bitcoin is about 2$ according to this website https://ycharts.com/indicators/bitcoin_average_transaction_fee

their post has currently roughly 36k comments, most of them being nano addresses. 6k comments deducted because they are assumed "actual comments".

this makes roughly 30,000 transactions with a 2$ price tag for transaction fees = ~60k$

at this point, 99.71% of the total cost (~60500$) would have been just transaction fees.

i think this is a nice example of how important the difference between "low fees" vs "no fees" really is - it adds up fast in cases like these.

feel free to calculate the fees for 30k transactions in your favorite crypto currency. all of a sudden "low" transaction fees are not looking as low anymore.

finally, i have to applaud SenatusSPQR. this has to be one of the cheapest, most effective marketing campaigns i have seen in my lifetime. the nano forums are currently flowing over with new people asking question and the upvote and comment interactions alone make actual marketing companies out there probably go through all colors of the rainbow just thinking HOW MUCH REACH these 500$ had.