Post
Topic
Board Bitcoin Discussion
Merits 10 from 2 users
Re: Bitcoin has become un-useable. Switch to altcoins or short sell
by
Dave1
on 09/05/2023, 03:47:46 UTC
⭐ Merited by Jet Cash (5) ,NotATether (5)
BTC fees are skyrocketing to the moon in what some are calling a crisis.  Bitcoin has become completely un-useable as an actual functional currency and many are switching to alternatives such as Solana for speed or Monero for privacy.

What caused this and what can you do about it?
https://www.youtube.com/watch?v=11EL7MpqALs


It's not bitcoin that the problem here, it's the ordinals and BRC-20 that really affected the network and created this congestion in the last couple of days. Actually it did start around March but it seems it balloon since Sunday as the mempools is being clogged, similar to spam attack.

Of course it has affected by market itself, but I wouldn't say that it's un-useable or should we switch to alternative coins.

Sorry though, I'm not going to click and watch that video.