Quote from: DudeAtWork420 on Today at 08:37:21 PM

Spending high amount for gas fee is absurd and you can imagine you paying a higher fee than what you want to withdraw and how does this sounds to you? Not everybody would be happy with such situation as it would be very frustrating to those who can not put up with the gas fee. At first did Satoshi develop the Bitcoin ecosystem for users to be paying a higher fee than normal? I know you would say no then why the high outrageous amount of gas fee paid for transaction? Well the transaction fee is currently okay now and one can be able to do their transaction with minimal fee.

This is just the law of supply and demand at work, the space on each block is limited and if the demand rises all of a sudden then those that want to get their transaction confirmed faster will pay higher fees to do so, while those that are not willing can wait until the fees get lower, now without a doubt it makes no sense to pay more for the fees than the amount you want to send, so in that case you do not really have too much of an option and you will have to wait until the demand gets lower and you can pay a low fee again.