Post
Topic
Board Bitcoin Discussion
Re: bitcoin fees and how we accept its volatility
by
The Cryptovator
on 04/01/2024, 21:00:42 UTC
from this it can be concluded that changing bitcoin fees should not be an obstacle to bitcoin adoption.  For those who transact Bitcoin with small amounts, it's a good idea to pay attention to the time because you will definitely find the best time to process your Bitcoin transactions.
I won't agree with you. Changing Bitcoin fees is an obstacle to real adoption. We are unable to use Bitcoin as a payment method when fees increase. We can't wait to see when fees will be reduced and then make the transaction. For investors, fees won't be a factor; they will make transactions when fees are reasonable. But the real Bitcoin goal is to create a global payment solution without centralised involvement, where we are failing due to high fees. I tried a week ago to make a payment to Namechap, where I needed $17 in transaction fees to transfer $50. So it's clearly unrealistic and an obstacle to real adoption.