@phabulu 25 April 2021 more from that month

How Bitcoin can be the currency of freedom if a normal person can't use it?

Bitcoin Is not for us, one transaction can cost 15% (or more) of a Brazilian Minimum Wage. Bitcoin is losing is space day by day, some countries is not worth to have Bitcoin anymore, for some people of course, a 10$ average fees can be ok, but here 10$ is equal to 5% of our minimum wage. Some day ago we reached some higher fees(once again) and an average fee reached 30$+, is amount is around 15% of a Brazilian minimum wage, so, how Bitcoin can be the currency of freedom if a normal person can't use it? However, the difficult adjustments happen every 2016 block, which can take more than two weeks. In recent days, the network has noticed the longest gap between two blocks in almost 10 years, when block 679,786 took two hours to find. For several moments of congestion, the lowest possible rate you could pay to confirm your transaction on the next block was more than 266 sat / vB (satoshis per virtual bytes), as the Mempool Space reported in April 19 tweet. https://twitter.com/mempool/status/1384841707204796421 Performing only 7 transactions, a Brazilian would spend a minimum wage to pay for the service of the miners. And if Bitcoin were adopted en masse, the demand for space in the blocks would raise rates even further.

And considering the growing price of BTC, it is normal for us to notice an increasing network rate in reais or dollars. It is for these and other reasons that on-chain transactions are not enough. Lightning? Block increase? Bitcoin Cash Already has everything you need, and the bitcoin community doesn't like changes, looks like is better to make bitcoin worst than using a bank. Not only Bitcoin, maybe we can try Ethereum? Well, it's being worth on the ETH Side, I don't understand how many people that those coins will be the future, that bring applications, decentralization, usability, for real, which usability if I need to pay 30$ in one transaction? https://www.youtube.com/watch?v=unMnAVAGIp0 "The Internet of Money should not cost 5 cents per transaction." -Vitalik Buterin ( is he talking about BCH?) Now let's check something cool, Bitcoin Cash reached 1100$ a few days ago, and guess what? fees were still less than cents, so what are the excuses now? Bitcoin Cash is the cryptocurrency for our everyday use, pay for anything without the need to worry about fees, I don't want to pay 30$ in fees to buy a Soda of 2$ lol. The currency of freedom needs to be fast, cheap, and it is BITCOIN CASH!