Post
Topic
Board Bitcoin Discussion
Re: Bitcoin can't be used for transactions?
by
Lucius
on 26/02/2021, 09:46:33 UTC
Bitcoin and Ethereum are useless for small and everyday transactions.

Please read my previous post, it's not all as black as some try to show when it comes to fees - of course it doesn't make sense to send $5 and pay the same for a fee, but at a time when the price is going up it's quite normal that fees get bigger. But as I wrote earlier, users are also partly responsible for this increase because they pay completely unnecessarily large fees.

I often look at mempool, and sometimes it is not clear to me that someone pays up to 10x more than the fee that is enough to confirm the transaction in the next block.