So to my understanding, bitcoin has two big problems and one actually corresponds to other. That is increasing high fees or else late transactions.
So the question is, can bitcoin solve these issues? I mean with increasing value of bitcoin, won't fees always keep on increasing? Is there a solution to that?
And I think that solution will also solve the timing of transactions problem.
What do you say?
The concern is not new. Even when bitcoin price is still on $300, the block size issue are being here. Just think that while the bitcoin price is increasing, that is our reward. It's worst if the price is not increasing and the transaction fees are increasing.
If that have a solution? Yes it has. The questioned is, how it will implement and when? Stay tuned.