Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Runes push fees as high as 900/vbyte or $196 US
by
stompix
on 21/04/2024, 12:53:10 UTC
As we all expected Runes have increased fees dramatically and at the same time make Bitcoin unusable as peer-to-peer electronic cash.

But, but, you can still move $1 million in 10 minutes paying only $100, do that with your bank.! /s

The fees should be driven by supply and demand in order to use Bitcoin as electronic cash.

Nope, the fees should be driven only by supply and demand.
As long as you obey the rules of the protocol your transaction has priority only if you pay more!
Funny how one moment we're going permissionless, decentralized, or under government control, then we need some higher-up to start labeling what's worth and what's not worth the space in the chain.We hate a police state but somebody please call the police!!!  Cheesy Cheesy Cheesy

Nobody is forcing you to use this Bitcoin, just like we told big blockers years ago to go and have their own big blockchain, if you don't like ordinals and runes make your own Bitcoin!