The micropayment markets have been gone for awhile. Now the markets in the moderate ranges are being effected....many (almost all) of the early adopters were the moderate ranged markets ---> e-stuff, coffee shops, vape clubs....this is going to have a longer lasting effect I believe....confidence in the platform is waning. Who's going to invest in a merchant gateway that's unpredictably fickle and subject to becoming obsolete? I don't know, I'm beginning to think the bitcoin cash syndicate was right all along.
Yezzir. To be honest, paying bills in btc is starting to become a pain in the ass (I dont keep money in exchange wallets unless absolutely necessary, so I send money in as I need it, to Coinbase, to use my shift card.) A 100 dollar bill has a 3-5 dollar additional fee on it, a twenty dollar tank of gas has something like a 10-20% fee on it
. It got so bad, fee wise and congestion wise, that I switched over to my eth wallet to fund my card. Much faster, much cheaper.Bitcoin is playing a dangerous game. Nostalgia is great, but we are going to get left in the dust.