Hi,
Even just a year ago bitcoin was useable... 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
For me, bitcoin is for everyone. Bitcoin is for a rich person, for normal person, for old and young, it is for everybody. As you can see one bitcoin may divided into 8 decimal point which is good and all of us may have a piece of bitcoin. So it doesnt mean that bitcoin is very expensive so it is only for rich.