Post
Topic
Board Bitcoin Discussion
Re: Do increased Bitcoin fees benefit anyone else except miners?
by
retreat
on 01/05/2024, 04:45:15 UTC
No one benefits from the increase in fees apart from miners, because everyone except miners, in the Bitcoin ecosystem hopes that fees can be as low as possible so that it will help them complete transactions more quickly and cheaply. But the problem is that this will not happen on the Bitcoin network, because the Bitcoin network is often congested and that makes fees even more expensive. Even though the fees are now back to normal, congested problems can occur again on the network and that makes fees even more expensive.