Bitcoin transaction fees are too high, obstacle for adoption and in general
Hi,
I just wanted to share my thoughts about the high Bitcoin transaction fees.
I see people paying USD 10 for an item, and then and paying USD 30 in fee for the BTC transaction, and I realize that this is not sustainable. And its impossible for BTC to become a mainstream payment method if the price is increased with x3 when you buy something.
I understand that the "network is congested" and im sure people are working on it. But in my opinion this should be top priority no 1! It is hard to explain to people all the time that they should use LTC or ETH or something else when we just started to get people to trust Bitcoin.
What is my suggested solution? That the people that can actually do something about this, the people involved in the development, start to act like grownups and sort this issue once and for all!
Im not going to solve it, not with this article and not by complaining. But others can and they should!
This is not sustainable over a longer time. Bitcoin popularity might be increasing but with fees like now it will never really work.
Please some intelligent involved developer read this and get motivated!
<3
I just wanted to share my thoughts about the high Bitcoin transaction fees.
I see people paying USD 10 for an item, and then and paying USD 30 in fee for the BTC transaction, and I realize that this is not sustainable. And its impossible for BTC to become a mainstream payment method if the price is increased with x3 when you buy something.
I understand that the "network is congested" and im sure people are working on it. But in my opinion this should be top priority no 1! It is hard to explain to people all the time that they should use LTC or ETH or something else when we just started to get people to trust Bitcoin.
What is my suggested solution? That the people that can actually do something about this, the people involved in the development, start to act like grownups and sort this issue once and for all!
Im not going to solve it, not with this article and not by complaining. But others can and they should!
This is not sustainable over a longer time. Bitcoin popularity might be increasing but with fees like now it will never really work.
Please some intelligent involved developer read this and get motivated!
<3