Hi everyone
right now we have 520k unconfirmed transactions on mempool with 1.9 GB capacity
do you think this may affect BTC usability especially for small transactions right now
you need to pay 15% fees for 100$ transaction if the devs didnt ban those BRC tokens
we may even see fees exceed 100$ and we may reach millions of unconfirmed
transactions in the future and only whales and miners will benifit
This is not a good development for the adoption of Bitcoin, especially when it comes to using it as a payment method to pay for goods and services, with the high fees and unconfirmed transactions, no business person will want to lose their customers by adding exorbitant fees to their prices or charges, even when the mempool dicongests, fiat methods of payments is still more convenient. If not for trading and investment purposes the usage of Bitcoin will not have gained massive usage as it is today, almost everybody that holds Bitcoin is for investment and trading purposes, which is not the best for a currency. I hope that the developers finds a solution to this congestion that happens seasonally, because it is not good for Bitcoin adoption.