Quote:
Originally Posted by NewNick
I cannot see why anyone would use Bitcoin to pay for something.
If the value is rising you hold it surely.
Then when the value is falling merchants wont want to accept it.....
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Fees are also an issue. Until the Bitcoin Core group get their act together and implement Lightning, blocks are chock full, meaning demand is much higher than supply, so the only way to push your transaction through is to pay a higher fee. In some cases you may have to increase the fee on an existing transaction just to get it through.
Nobody sane is going to pay a $30 fee to send $20.