Yes but it still shows a weak spot within the mechanics of the Bitcoin network.
It is undeniable that there is a weak point in Bitcoin that is still not resolved about the sudden increase in fees.
But developers are constantly updating the mechanics of the Bitcoin network.
I understand that it is all supply and demand, but the problem about supply and demand under capacity restrains is that the rich can move their assets while the poor can't.
Broadly speaking, who can afford to pay large amounts of fees will be prioritized.
Anyone can choose to use the Bitcoin network or another cheaper network.
Now, Bitcoin still uses the POW Mechanism, and this is the most important.
Become completely decentralized.
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I hope that substantial development is underway to further solve and optimize capacity problems. I think it is one major reason that keeps Bitcoin from being adopted among all groups in society.
Actually, solving the problem of scalability has been implemented using the LN network, which has a faster confirmation rate and lower cost.
Even the LN network is a network used by mass adopters, as happened in El Salvador.
But even so, the LN network is still full of pros and cons, and it is still in the development stage.