Hi,
Even just a year ago bitcoin was usable... now the fees are about 10x what the banks charge. Seems like its changing from a peer-to-peer money system for everyone into yet another convenient way for rich people to exchange funds!
What went wrong> And more to the point, who is responsible? What can be done to fix it?
Thanks
Andy
Bitcoin price is now a long way from the price of the former Bitcoin. In 2009 the price of Bitcoin was really very small and worthless but now the Bitcoin price goes up and becomes very expensive. Not everyone can buy Bitcoin easily, which can buy Bitcoin with many are just people who have a lot of savings. So Bitcoin is now very hard to find.