The problem of scalability has reared its ugly head again this time when transactions are clogging and when we are about to experience the coming of the Bitcoin Futures. People have been expecting that soon Bitcoin can reach the mainstream with the legitimization it has been going through with the introduction of the Bitcoin Futures Contracts.
People are now strongly complaining of the shockingly high fees imposed by wallets and exchanges for the transfer of Bitcoin and this should not be ignored by those tasked with making decisions for Bitcoin. This whole thing can kill Bitcoin gradually if not given the appropriate remedy.
Do you feel like discouraged about Bitcoin with this latest debacle?
Absolutely not! I am actually planning to invest more because the price is still low and then hold until such time I have reached the desired income. When it comes to fees, for me that is ok because they are maintaining and improving the platform for the convenience of traders. Those negative issues will also part of why the price keeps on decreasing so I think all we need to do is to promote Bitcoin to others so that they will see the benefits of using it.