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RE: BITCOIN CONFUSION?? - I went to a Bitcoin meetup tonight, and I was disgusted, and happy at the same time.
Do you honestly not see the problem with $50 transactions. Yes please, hit me back in six months.
It is simply inferior to most new coins
Bitcoin isn't for purchasing coffee. It's not a micro-transactional currency anymore for "dust transactions" It's a store of wealth that props up the value of all cryptocoins including ripple.
Let's not make this comment thread a non-stop debate. I'll find you June 2018 on steemit and we can compare notes then.
The bitcoin community is putting a focus on securing the network.
As long as alternative currencies did not have gone mainstream, high transaction fees are not a serious problem, assuming this is a transient phenomenon. Maybe it even fosters demand by making it hard to get (and sell). Until the solutions are implemented we are all happy that we now additionally have Bitcoin Cash to use it for small and fast transactions.
True. Although has anyone taken inventory on functional Bitcoin ATMS in the public that accept BCH yet?