This is one of the latest articles to be published, noting that average Bitcoin's average transaction fee is now somewhere between 15 cents and 35 cents!

http://cointelegraph.com/news/bitcoins-transaction-fees-skyrocket-as-the-bitcoin-halving-looms


Imagine you are standing in a really, really, really long line at a bank where you just want to send $50 to uncle John in Guatemala.

Hours go by as you slowly inch closer to the teller's wicket, but then some rich guy pulls up in his Mercedes and offers to pay the teller lots of money if the teller agrees to take him next.

Well, the teller of course is thrilled, happily takes the money and agrees to process the rich guy's transaction next. Then another rich guy pulls up, and another and another. You, having respectfully waited your turn in line keep being pushed further and further back. It could be many more hours, days, weeks or months before you reach the teller. Or, you may never get there at all.

This is EXACTLY what is happening with Bitcoin now, and has been for some time. Anyone willing to pay a higher fee can skip the long transaction wait times and have their transaction processed quickly and efficiently.

Is this really how a community-based coin should operate?

Thank you Rimbit, home to a community-based coin that truly is there for the community.