Post
Topic
Board Beginners & Help
Re: What can we do to make Bitcoin hit $100k
by
Gladitorcomeback
on 24/06/2024, 17:25:46 UTC
Rising Bitcoin fees pose a concern for decentralization, potentially limiting access to smaller users. This underscores the importance of scaling solutions to maintain network accessibility and prevent centralization.

We understand that, but you need to make sure that you check the network and the fees at the moment before you comment on that because Bitcoin transaction fees aren't on the rise at the moment, we know it happens sometimes but it is just temporary and as soon as the network gets out of congestion, the fees become normal again.

By the way, fees are not a concern for decentralization because Bitcoin or its network doesn't become centralized if the fees are high, it's only a concern for the increasing adoption because people wouldn't like it.

As far as scalability is concerned, I believe there will be a solution in the future for it when it's necessary.