If bch was valued at the same dollar amount as btc then a bch transaction would be minimum 10c.
that assumes we would stay at 1 Satoshi per byte
the fundamental difference is how they each aim to pay for security
BTC needs a small number of high fee paying transactions - gotta keep them blocks small so anyone can validate the whole chain for next to nothing even if they cannot use it non custodially.
BCH aims for a high number of transactions each paying a small fee - the next financial revolution should not be held back by people who want to use a $30 dollar computer to validate the whole history of the chain. Sufficient Decentralization not Maximal Decentralization. L Gamaroff
Most recent block contains several transactions at several sats/byte, so would cost even more.
I have seen people posting that they overpay as a matter of course just to help the network but either way their transactions in 99.9% cases would be included if they paid the current standard 1 Satoshi per byte
Old argument but until fractional Satoshi’s for fees are implemented it is still valid.
fractional Satoshi's for fees is not necessary, one could pay 1 Satoshi for a whole transaction i believe it is just a node policy that transactions of less than 1 Satoshi per byte are not relayed
Is that for people who live on less than $2?
Yes 1 Satoshi per transaction could well be for such people, though I don't expect fees to stay at sub cent, a payment channel (perhaps even LN) with a local store that costs say 10cents to be set up and importantly can be broken down at will once a day/week/month whatever is needed without exorbitant costs certainly is for people who live on $2 a day and no one can hold them to ransom or steal their money as they have the private keys.
but of course they could have a payment channel that