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.
Those people usually transact a few chunk of bitcoins are usually got affected with fees since usually we need to put up some high figures for each transaction even if we only transfer a few amount. But for high whales which is usually do high volume of transaction each transfer I guess they don't really care much about the fees since I can still see some people paying bitcoin even if the current situation is not good for everyone but they carry on those fee and just think about that its part of the growth of bitcoin.
Maybe if we don't like to pay such huge fees better to check best alternative coins to transfer since there are cheap transaction fee coins has been used by other people as their alternative currency if they want to transfer without paying any huge amount of money to make their transaction happen.