Post
Topic
Board Bitcoin Discussion
Re: Bitcoin network fee, worrying sign?
by
pawanjain
on 06/05/2023, 16:00:46 UTC
I believe that the current congestion issue is a minor setback that the Bitcoin network can easily overcome, given its track record of resilience in the past. I'm not worried about the impact of Bitcoin ordinals on transaction fees in the long run. However, I do think that NFTs are just a passing fad and should not have been allowed on the Bitcoin network in the first place. Nonetheless, I'm confident that this trend will eventually die down and be replaced by more useful and sustainable use cases.


The NFT hype is already over or at least have drastically decreased. Many users have already declared NFTs as a scam.
Well it was expected since most of the NFT projects were just a rug pull. What you say is true that bitcoin shouldn't have had NFTs at first place.
Just like the ICO hype is over and nobody talks about it now, nobody will talk about NFTs in a few years.