Quote from: kryptqnick on October 31, 2018, 06:20:21 PM

Your article seems interesting and I guess you are right that bitcoin is something people buy and expect to grow in price in the future. It's a shame that this is the case, though, because it was created for transactions without trust to third parties. I know it turned out that sometimes bitcoin is incapable to perform fast enough when there's a big amount of simultaneous transactions and the fees are sometimes quite high for small purchases, but there are still many cases in which it could be used perfectly rather than stored as something of high value.

ask yourself why are the fee's high
1. devs took out the fee formulae years ago,
2. devs increased the dust/minrelay instead of reducing it when deflation occured
3. devs avoided increasing the real transactional data space
(dont be fooled with bitcoin cant scale. thats the devs not wanting to scale. 256gb storage is the size of a fingernail not a server rack)
(dont be fooled with bitcoin cant buy coffee, yes it can. but instead of locking $50 of BTC into LN channels you just buy a $50 starbucks card using btc and know you can have 10 coffee's)

ill give you a hint. bitcoin did not fail devs.. devs failed bitcoin.
bitcoin can scale. but devs seem to have put their hands in the air and just said no, they wont develop it onchain