Post
Topic
Board Speculation
Re: High transaction fees affects buyers and seller in payment in bitcoin
by
fzkto
on 30/12/2023, 18:05:05 UTC
We all know that Bitcoin is used for making payments. So, people who buy uses bitcoin to send payment and those who sell uses it to receive payment from anywhere in the word. But the situation of high transaction fees is affecting buyers and sellers. They are now looking for an alternative to make payment instead of using bitcoin. Another thing is that if transaction is made, sellers will have to wait for long to receive payment and no seller wants that kind of delay in his/her business.

Do you think there is a solution to this, or B2B and P2B, business that uses bitcoin should find another alternative to payment method instead of Bitcoin?

For those who are into business that make use of bitcoin, how do you harness this situation of high transaction fess to not affect your business and customers? So that others will learn from your tips.


It seems to me that if the business is some small sales or services, it is better to use some other coin. For example usdt, because at the moment of purchase the price is fixed in dollar equivalent. In general, bitcoin has long since become not the best means of payment. For example, if I need to buy something for 10 dollars, I'm not comfortable paying fees as much.