Quote from: Carmen_Sandiego on August 05, 2017, 08:51:06 AM

Quote from: yambub on June 06, 2017, 02:59:57 PM

Hi,

Even just a year ago bitcoin was useable... now the fees are about 10x what the banks charge. Seems like its changing from a peer-to-peer money system for everyone into yet another convenient way for rich people to exchange funds!

What went wrong> And more to the point, who is responsible? What can be done to fix it?
Thanks
Andy

The fee does not seem to be a problem anymore. Believe me if you want, but recently I've seen small transactions being confirmed with almost zero fee. Everything indicates that the network was being spammed in past months.
You also need to understand that it is not very wise to compare Bitcoin with banks. Visa is faster because it's centralized, but this will never be the best way to store value.

I don't see fees as a hindrance for Bitcoin to be accessible for all form of people. It is quite a crypto-currency that provide people a time and a purpose on transaction. And Bitcoin being a part of the technology can brought a good intact progress for people if they are going to used it. It is not just limited for rich because technology development is aligned for the better and good of people as a whole. And for me the best thing to consider is this forum where all types and level of people can access it for them to earn and learn Bitcoin.