No, it's not. It's a designed feature.
Yes sky high transaction fees we agree but you need to check your understanding on how much electricity it costs per transaction
and bring yourself up to date and if you think that is bad then did you know that the cost of mining a coin is between $1000 - $2000
High fees might suite miners but it will drive the public away and they have plenty of alternatives to pick from
It is clear that you do not understand how the system works.
I know about IOTA using Tangle instead of block-chains and that the Lightning Network being used to plug the speed issue has many critics
and i cut code for a living so maybe I am closer to the truth than you think