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?
Transaction fees and slow transactions have been a problem for all of us. We all know that in withdrawing bitcoin, there are these high fees that we have to pay for the transaction. Also that the transaction process usually takes 2-3 days for us to be able to withdraw bitcoin.
Having an own ATM machine could somehow decrease the chance of paying transaction fees. If bitcoin will have its own withdrawal card (unlike now where we use Paypal cards to withdraw) there is a possibility that the fee will be lower.