Post
Topic
Board Bitcoin Discussion
Re: 'Attack on Bitcoin’ Claims Circulate as Transaction Fees Climb Higher
by
Abiky
on 11/01/2024, 21:56:30 UTC
Really? I mean nowadays, when you can easily get micro SDs of 1To and 100Mbts line connexion ??

Nowadays everybody is watching the TV over internet!

In developed countries like the US and UK? Yes. But that doesn't apply to people living in developing countries like El Salvador and Argentina. The vast majority of these countries' inhabitants are living in poverty. Keeping Bitcoin accessible to everyone is the best way to ensure decentralization and longevity. Otherwise, we'd be creating another banking system where the "Elite" has all of the advantage.

I'd prefer to pay high network fees, as long as decentralization/censorship-resistance is preserved. If you really want low fees and reduced wait times, then I'd suggest you choose among the plenty of altcoins (or "shitcoins" if you want to call them that) available on the market. Eventually, BTC on-chain fees will settle as the Ordinals craze fades away into oblivion. Developers are already considering how to prevent a further spike in network fees, anyways. As long as everything is done in a "balanced manner", we should have nothing to worry about. Cheesy