Post
Topic
Board Bitcoin Discussion
Re: Steam is no longer supporting Bitcoin
by
gentlemand
on 07/12/2017, 01:08:46 UTC
It really just shows how we really really need a solution as soon as possible. We cant really achieve mass adoption with these transaction fees and transaction times. Right now, we currently have what? 117,000 unconfirmed transactions? If this goes on longer I really won't be surprised if bitcoin gets kicked out of the #1 spot to be honest.

For better or worse I think the Digital Gold role is winning out in which case its number 1 position is cemented forever.

That also means fees will never return to alt levels. Let's see if lightning networks deliver anything before completely giving up on currency usage, but despite what some people would tell you, no one's ever going to use it as a true currency, just the occasional spending of gains.

And Bitpay agree - https://twitter.com/bitpay/status/938572385346899970