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.
Definitely, the increase in Bitcoin transaction fee negatively affect the adoption of Bitcoin. We all know that Bitcoin is created to be used as payment system but if the transaction fee is too expensive, I do not think the masses will like that. Instead of adopting Bitcoin, they might evade it to use in their daily transactions.
People does not really care about centralized or decentralized payment system, what they care is that the have the freedom to make a transaction in a minimum possible fee. After all people loves to have discounts and is very happy if the made a transaction at a lowest fee available.
Another thing, the uncontrolled fluctuation of fee also scares users. I also think for Bitcoin to be fully accepted by masses, the developers should work on the transaction fee system and make it align to what the masses are looking for.