Personal experiences, like my friend's decision to postpone investing in Bitcoin due to high fees, highlight how potential investors might alter their plans. The longer fees remain a concern, the more likely individuals are to explore other investment options. The extended period of elevated fees has forced many users to seek alternative means for their daily transactions, detracting from Bitcoin's intended role as a practical medium of exchange.
As these challenges persist, there's a growing worry that Bitcoin may be viewed more as a store of value than the revolutionary payment system envisioned by Satoshi Nakamoto. If high fees become a recurring issue, the risk of hindering Bitcoin's adoption as a medium of exchange is a real concern. I'd love to hear your thoughts on whether you believe the increase in Bitcoin fees has affected its adoption negatively or enhanced it rather.
Anyone that wants to invest in bitcoin shouldn't be discouraged by the high transaction fee because he should think of hodling for a long term before selling, so that the high transaction fee wouldn't be a barrier for him of getting started. The high fee is temporary and will not be permanent. However, it has being a problem for people to use bitcoin the way they like and some people are staying off from using bitcoin for purchase of goods and services. If the fee did not come down, there other altcoins will be commonly used as a payment method, while bitcoin will be used more as a store of value. This means that we might still be trapped under centralized payment system, where the government will know about every transaction that you do daily.
I think the same as you, because the investment should not be affected, because it consists of buying and putting in our wallets, or our wallet, in fact the investment in bitoci does not mean that we are constantly Withdrawing money , that is not what is Sought The only way to be Able to do Something like this is that it can be Exchanged for Another Currency or something like that for USD, but I Consider that the high transaction rates for bitcoin is because it is also a fact that something very big will be sold, everything is so that things are improving for Bitcoin and great profits can be made, it is a fact that this will be the case , for that reason we as People who are lovers and defenders of Bitcoin must give the security and Confidence that this is due to the Congestion and that a Moment or at some point it will happen.
For these reasons we Must be patient , if we are Also in a very Good Position for the Hodl, there is nothing else to see but that , what they want to sell because they already have to assume their rates, but selling is not an option now.