What will happen when only large institutions can afford to use Bitcoin's blockchain, due to rising fees? Won't this centralize the network if most can only trade bitcoin on centralized exchanges?
I believe the challenge with bitcoin network regarding it transaction fee is not getting longer beyond expectations, moreover this is not the network having the highest fee, there are many other ones which cost more than we have with the bitcoin network, just as we now see that there is ease in the transaction fee that has been a problem on bitcoin users, one can no spend almost less than a dollar in making a bitcoin transaction unlike when it was high, this is not something permanent to remain high or this low, but it can be promising not to go beyond what an average bitcoiner could bear to afford.