Quote from: Psalms23 on July 02, 2024, 01:47:38 PM

I think one of the biggest criticisms of Bitcoin is its scalability issue. Bitcoin's blockchain can only handle a limited number of transactions per second, which can lead to high fees and slower transaction times during peak usage.

This scalability problem makes it less practical for everyday transactions compared to traditional payment systems like Visa or newer blockchain technologies with higher throughput.

And I think it can also be considered a normal thing on the Bitcoin network when there are many transactions at one time or at peak usage. Apart from that, when Bitcoin transactions feel less practical for daily use, it can actually save Bitcoin a little from experiencing price drops more easily. Because when there are many people who always make transactions for the release of Bitcoin, even in small amounts, the transactions can be very large, there will definitely be an influence on the price of Bitcoin itself.