Hi guys, I have only recently got into Bitcoin and have been fed this narrative that bitcoin is both slow and very expensive to use. I sent my first transactions to my ledger wallet and to my amazement it was only 0.08$ usd. and showed in my wallet almost instantly. I know things are not as bad as a few months ago from looking at the avg. fee charts, but I was still expecting a few dollars at least, and some people even recently tried to make me believe it would be 10$-20$ and take 5-10 hrs. How did it get so high to begin with? Why is the current public perception that bitcoin is slow and has high fees, when this clearly is not the case anymore.
The high fees and long transaction time happened recently thats a few months ago where the network was really congested. I guess they still remember that and as of now they are yet doing any transaction. Bitcoin transactions are actually back to normal. Soon the people that told you that fees are high and transaction was long will realized that the few months that it happened was an outlier. Asked them to do a transaction today.