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RE: How much of a future does bitcoin have with $16 transaction fees?

in #bitcoin7 years ago

I don't see a future for bitcoin as a currency. The high fees are artificially created to make the implementation of the lightning network necessary. This network will be much more centralized and eventually create hubs because users have to maintain open channels for transfers and therefore want to maintain as few channels as possible. Not a good solution and definitely not a solution I would ever want to use.

At least we have alternatives like BCH and there are a ton of other coins with superior utility for day-to-day transactions.