I SEND BITCOIN TRANSACTIONS EVERY DAY. MEANWHILE SHITCOINERS ARE BURNING PRECIOUS BITCOIN, THEY WILL RUN OUT EVENTUALLY.
Discussion
I find it hard to believe, sorry. Anybody who transacts daily can feel the severe pain from 100x increase of the level of fees on #Bitcoin and weeks/months of delays of the first confirmations. For others, the Coinbase outages are more of an issue.
NEXT BLOCK FEE RIGHT NOW IS 13 SATS PER VBYTE LMFAO.
IT IS GONNA GET A LOT MORE EXPENSIVE THAN THAT AS BILLIONS BEGIN USING BITCOIN SIR. BUCKLE UP.
Higher fees have been driven by spam and not by adoption. Also, #Bitcoin adoption will have little chance to increase if friction (spam and fees) does not subside.
#Bitcoin adoption > spam adoption
Transactions were essentially free for the first few years but miners didn't have to fork out tens of thousands for mining equipment & electricity & they need to get paid. Maybe you weren't around but I remember the huge fee spikes in 2017 due to the number of people transacting & high fees will be a reality with wider adoption so get used to it. Layer 2 solutions are being worked on. Stop complaining or go find a shitcoin that gives fast free tx's, they are out there.
1 sat will come back the day that influencers forget to tell everyone to consolidate at 10 sat/vbyte
Not everyone will be able to use the base chain. I guess you’re included 🤣