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Re: Should we use Bitcoin for regular transaction now?
by
Twinkledoe
on 20/04/2021, 01:13:19 UTC
Should we use Bitcoin for regular transaction now? While mempool is overloaded
So average transaction fee right now is about 16 bucks. Is it to much?

It depends on what you consider as a regular transaction.
If the transaction fee is too high for you, you are free to use alternative methods. And whether it's too much or not is a matter of opinion. Everyone has their own way of doing things.

That is right. If you will pay for small purchases, I don't think it is practical to pay using bitcoin. But if you are sending good amount of money to overseas, the fees that you will incur is still pretty cheap compared to traditional remittance centers. So the use of bitcoin for payment method depends on your needs. Not all people are going to use their bitcoin for purchases because as much as possible they want to hold it for long term.