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Bitcoin has increased so much in value that those tiny transaction fees that you paid are now worth a lot of dollars. It's a problem all right, but it's a compa
by xorcist 9y ago
Bitcoin has increased so much in value that those tiny transaction fees that you paid are now worth a lot of dollars. It's a problem all right, but it's a comparably nicer problem to have than a cryptocurrency that isn't worth as much or that isn't as heavily used or both.
- aoeuasdf1 9y agoEr, no, bitcoin going up is nice if you hold bitcoin like gold, and irrelevant if you imagine actually using bitcoin as a way to do transactions. Bitcoin going up or down in value relative to other cryptocurrencies is orthogonal to the problem that it is inconvenient and expensive as a way to move money.