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.
You misunderstood what value means. In this context it's a tad more than 16$.
Also the analogy with VISA is not very fortunate, for many reasons explained so many times on this forum.
However, you're right:
it is a problem for Bitcoin.
I can tell you for sure, i don't misunderstand what value means. It would seem less arrogant to tell me i misunderstand if you actually tried to explain afterwards why you think i misunderstand what value means.
In this context it's a tad more than 16$.
You don't really come with any explanation as to why "it's a tad more" in this context.