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RE: Bitcoin transaction fees are the lowest in last years.

in #bitcoin7 years ago

Bitcoin Cash is sub penny fees and Bitcoin Core is 18 cents right now. BCH will introduce 1 terra bite blocks with 7 million transactions per sec. In the end the only thing will matter is usage. The coin that has most use will become best store of value too. Personally, I don't really care about which Bitcoin wins the war. I just wanna see mass Crypto adoption happen and the only way you'll get that is fast, almost free transactions with a great user experience. Neither Bitcoin could end up winning mass adoption but a third generation blockchain could. Ideally I would like to see at least a few very large Cryptos so they have competition with each other, insuring a great user experience.

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The problem is 1 Tb is not a good decentralization path. The LN would beat thatin a mile but it taking a long time to use it. :(
I say it be done by 2019. But if usage did indeed only matter-A semi decentralized would be the top that might explain why ripple still ahead. I hope decentralization is what truly matter along with usage as a result of that

I think you also have to factor in the network effect which is far greater for Bitcoin than Bitcoin Cash

This space changes so fast with less than 2% global penetration of Crypto network effects and brand name can only last so far. I would agree with you if Bitcoin would have copied all the alt coins best traits like many thought would happen in 2013 but that has not happened.