Post
Topic
Board Beginners & Help
Re: Bitcoin network fees are not high is you who can't afford it.
by
CryptopreneurBrainboss
on 24/11/2023, 23:43:02 UTC
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.

Currently, the high fee is a negativity buddy but we know it'll be sorted out in the future and it's just a matter of time before that happens. Congestion of the blockchain has been a big issue and the OGs aren't complaining because they're already used to this issue happening many times and it's not because they don't think the fee is high. One of Bitcoin selling point was low transaction fees but that isn't the case so you don't expect people to just accept paying miners this outrageous fees we have to pay to get our transaction confirm faster.

If bitcoin was to be accepted globally by now don't you think the scalability problem will cause many discomfort among clients, consumers using the Bitcoin blockchain. Some transaction has stayed days and weeks without confirmation and it's very annoying because many use Bitcoin because of its reputation of fast transactions. And this congestion is obstructing many business from going on.

Buddy Bitcoin network fee are high, just because you can afford it doesn't make it not high, this is meant to be an industry for everyone and not only for the rich ones among us. We're already at a disadvantage to the elites with the banks, it won't be nice been at a disadvantage here as well when this is meant to be where we come for equality. Instead of denying the fact on ground, we should put heads together and come up with a solution that'll solve the scalability issues and one that can be widely accepted too by the community.