Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Transactions Fee Are More Expensive Than Ever
by
BreachOfEuphoria
on 05/05/2021, 17:32:39 UTC
I logged in to the forum today to try and find a topic about this. I knew i could not be the only person wondering why transaction fee's where so high.
I think this problem with absurdly high transaction fee's is a big problem for Bitcoin. If we want it to be a store of value and we want it to be taken seriously as a currency it's a big problem that fee's are this high. Imagine paying 10 $ credit card fee for buying 16 $ worth of food because the VISA network is congested.
 
I have a pretty big amount of bitcoin sitting in my wallet in an online casino. I can't choose how big/or small a fee i want to pay to withdraw it. It HAS to be 20.000 sats. I could write to support to see if they could make a custom withdrawal but i doubt i can get them to do that.