Post
Topic
Board Bitcoin Discussion
Re: Transaction Fees are SPIKING !
by
Slark
on 26/02/2017, 21:54:46 UTC
Use DOGE or LTC and when those blockchains become too large one day as well, just switch to something else.

That way altcoins can come and go, serve their purpose as virtual chump change, while BTC can grow as a store of value and larger payment vehicle.

The block size limitation is a PROTECTION for the blockchain and Bitcoin per se, mind you.  Smiley
This is not solution, it is a workaround. I don't see how using altcoins will help bitcoin. It will only help that specific altcoin you would be using.
Bitcoin is mainly used as store value asset right now but I am afraid that we might reach the point when users draw the wrong conclusion:
"So there is no no transactions/very little transactions on the blockchain, that is because bitcoin must be dying! Sell, sell, sell".