The last time Bitcoin went up, traders and holders were happy with the price, but saddened by the terrible transaction costs. Unfortunately, sometimes the cost to move money is greater than the amount of money transferred. For crypto assets that try to be a direct replacement fiat money, bitcoin should at least be cheap to transact as cash.
From the past years the transaction fees of bitcoin is very high this is a big problem for us small business owner who actually implemented to accept bitcoin as payment. We have a printing and tshirt brand we are accepting bitcoin as a payment but the problem is the price of our merch is about 20 dollars but the fee is like 2 to 3 dollars. So our costumer is choosing a money remittance to pay us but the problem is we need to pay for the gas to get the payments.