That was only a quick spike in the fees. Right now, it's back to 4 sat/vB.
And I don't fault people for timing their transactions. It's unfair to call them cheap for making the most of the rise and fall of the network traffic. And who wants to pay exorbitant fees really? At "$105 per transfer", you don't actually want people to use Bitcoin as designed. Aren't you yourself bothered paying this high a fee for your ordinary transactions? Would you not mind paying a fee that's more expensive than what you're buying?
well you need to support bitcoin miners. they rely on transaction fees more and more over the coming halvings. if you're going to try and cheap out on fees, i don't think they're going to like that. unfortunately it was a very quick spike but at least they got something but i know they want more. and no i'm not bothered by higher fees since i don't use bitcoin for daily transactions.
If I'm paying 4 Sat/vB right now, which is equivalent to $0.34, I don't cheap out on fees. As a matter of fact, I'm paying exactly what's required for a high priority transaction to get through. Like it or not, that's what the network requires.
Bitcoin isn't a charity. It's a payment system. If there is a need for users to be charitable to miners, paying more than enough, in order for the system to continue running, then something must be wrong with it. It might not be sustainable at all. Fortunately, it isn't the case. The price of Bitcoin is more than $60,000 right now and just a few weeks ago, difficulty reaches another ATH which means the mining environment remains robust and highly competitive.
You're not bothered, but what about those who prefer to use Bitcoin on a daily basis, the very people Bitcoin is primarily created for? If you recommend for them to use centralized platforms or second layers instead, isn't it the same as not supporting Bitcoin miners since they aren't paying network fees anymore?
Your logic is quite off. I'm using the right crypto because I'm paying high transaction fees? That doesn't sound reasonable. And proof of work is the reason? I use LTC at times. It's proof of work and its cheap.
that's cheating though if you're avoiding btc because ltc is cheaper. why not just use ltc exclusively? if it's good enough for transferring your money around then it's good enough for storing it there.
Many people are using options and that's not cheating. Are there rules to cheat on, to begin with? If LTC is cheaper than Bitcoin, then anybody is free to use LTC instead. In the same manner that if Monero is more private than Bitcoin then anybody is also free to prefer Monero instead. There is no rule and it's not necessary to be exclusive, to be religiously loyal. Humanity won't move forward if we stick to something merely for the sake of sticking to it.
Your logic is quite off once again. It doesn't follow that since a medium is good for moving value it is automatically a medium good for storing it.
