Post
Topic
Board Beginners & Help
Topic OP
Bitcoin network fees are not high is you those who can't afford it.
by
Odusko
on 24/11/2023, 08:49:05 UTC
Hey newbies and OGs, just i quick reminder of the current condition of the Bitcoin network and what it is like with the hike in transaction fees and network congestion.
First, as the title states clearly that Bitcoin network fees are not high but it is you as a holder who can't afford it, the reason being that many newbies and some few old members have mistaken this current network condition to mean a crisis, the reality of things is that, most Bitcoin old term holder are not complaining because they already have experience of how the Bitcoin networks work per time, and if they want to make a transaction they rather just pay high fees and move on rather than paying low fees with long time of waiting because a lot of transaction volumes that have higher fees than yours are already broadcast into the network so it takes long time before getting your transaction confirm.
I hope that a long time from now, most newbies will stop making news from this kind of temporary network congestion, and start focusing more on how to contribute to making the Bitcoin network cleaner and globally adaptable to all, for me I don't see any negativity in bitcoin but rather a lot of opportunity to develop along with Bitcoin as an alternative among another alternatives.