Bitcoin missed the point

[Kariuki]

The who issue of decentralization was to remove the finances from the banks to the people, and bitcoin was to do exactly that, and having had it for 10 years I think its better we look at it  and Audit it, has it peformed its purpose and as of now whats happening to it , its really good to look at what is happening and put everything into perspective the right idea being that we have to get to the purpose of establishing bitcoin.

Bitcoin was not created for trading but for daily use, you go to a shop or a super market and buy stuff with it,  why should we trust it now, when it has shown little progress. 

Three things that put me off on bitcoin

1. Its very slow, according to many users, who have compared it to so many other coins, its very slow.

2. Its expensive, this one I know, transfering just 20 dollars to some other wallet, it cost me 4 dollars and that was painful thats almost 30 percent , its unheard of.

3, Again its very very expensive, so it becomes very difficult for daily users , say those who buy food and so on to use it, to transact a dollar becomes a little bit expensive its important its changed and fast.

Thank you guys kindly can we discuss this one, I would love to hear your views on this

[Lucas Holder]

You can't get speed and low transaction fees without sacrificing security and decentralization, it's always a tradeoff. Altcoins that offer the latter are making this sacrifice. You should think of Bitcoin more as a currency than as a payment system. What is likely to happen is that Bitcoin is going to have fast payment layers built on top of it (like liquidity network)  and be a slow but very secure network.

[Ali saher]

I use bitcoin last 3,4 years and mostly I use bitcoin for trading buy and sell I think bitcoin transaction take some time because of network but not every time. I think transaction fee ok not so high.

[reebox]

if you are concerned about the cost of sending bitcoins you can use a wallet that can adjust fees by itself but it will take a long time, and it will continue to increase because the amount of bitcoin will be less but still the transaction fees keep me using bitcoin or can change to other coins first.