I'm not talking about the monetary value of Bitcoin as it's awesome price wise right now. The biggest issue is the sheer volume of unconfirmed transactions out there on the blockchain which is driving the fees up exponentially. Bitcoin was originally touted as having low transaction fees, looking back many moons ago that would have been the case. Now it's laughable. No wonder many businesses are no longer accepting Bitcoin because of the high fees and the length of time it is now taking to confirm transactions. It's time to move forward and not be afraid of adopting Segwit2x and the lightening network. It's great having guiding principles, however it is dangerous to keep going back to those principles when you are trying to take Bitcoin mainstream, a compromise is needed for Bitcoin to be adopted by the masses 
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| author | richardarblaster |
| permlink | bitcoin-sucks |
| category | fees |
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| created | 2018-01-13 07:11:24 |
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| deepwaterscrypto | 0 | 605,286,229 | 100% | ||
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Yes it sucks. If moving crypto money between exchanges switch to a lower cost coin like dogecoin from BTC and then swtich back to BTC to save on transaction costs.
| post_id | 25,373,197 |
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| author | deepwaterscrypto |
| permlink | re-richardarblaster-bitcoin-sucks-20180113t071323613z |
| category | fees |
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