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?
Yup that's too much.
If you find it too much, convert into alternative that has cheaper fees. But once the mempool is smooth and isn't loaded a lot, you do your transaction or if the receiver isn't needed to have a quick confirmation, adjust to lower fees.
I agree with you. The fees are too high at the moment for regular transaction. No one wants to waste their money for a nonsense fee like this.
Segwit/lighting network wallets are proven to provide us faster transactions with cheaper fees but I have not used it.