Reality check: If you have a lot of money, paying a $20 - $100 transaction fee may not bother you if it is done to transfer large amounts of money in a secure manner. For the other 99% of the world's population, it is a dealbreaker. At this point, bitcoin is no longer the 'currency of the people', or a currency at all for that matter. Your morning latte would cost $103.75... I don't think so!
Bitcoin Users Would Pay Up To $100 Fees: Adam Back, Bruce Fentonhttps://cointelegraph.com/news/bitcoin-users-would-pay-up-to-100-fees-adam-back-bruce-fentonMeanwhile, BitPay's CEO says, [W]e think Bitcoin is working perfectly.