Sol generally has bad wallet ux. If you want to force a transaction to go through you can use command line to increase your tip and have the transaction go through. Wallets generally dont offer that functionality and yeah the chain does shit itself when everyone is being liquidated
You can see in the transaction list the scalpers / mevvers still raping people during congestion becacause they know what theyre doing
Sol is like 195% better than it was a year ago
thats where all the minerals is though
I don’t remember a time in the last few years where btc fees have gone above like $3 at most. Maybe there was some periodic spike in activity that brought fees up like crazy but I’m not really sure. I also never use Bitcoin for shit under like $150 and mainly have used it to send shit internationally where you’re normally paying like $25-$50 wire fees anyways. Most I paid on a fee was like $300 back in 2020? And that was because it was sweeping like 15 different wallets and sending it all out which meant I paid a bunch in fees to consolidate the transaction
Will btc ever be good for buying burgers and coffee? No probably not. Is it good right now to send larger amounts of money to people? Absolutely
Ultimately comparing it to current payment systems where you have a centralized server and company settling transactions is stupid because they will always be more efficient then large bloated decentralized blockchains and the defining feature of a blockchain is self custody, aka nobody has control over your money except yourself. Remove that aspect of it and you should just stick to debit/credit cards and bank accounts.
Yeah but companies that let you pay with btc just use their own centralized server anyway
Paying with btc for everyday items is completely antithetical to the purpose of btc
Use their own centralized server for what
Ah yea LN I’m not really familiar with it, last time I tried to use it out of curiosity was in like 2022 maybe and I wanted to tip some dev $10 and he had some LN channel to do it. I went to open up the channel and it would’ve costed $20 to open it to then send $10. I ended up just asking him for an address in a message.
Btc devs in general have been trying to shoehorn btc into being some global currency that everyone everywhere can use for any little transaction for years and it’s kind of insane. If you’ve never listened to btc core devs make arguments that involve “the global third world” and how sub Saharan africans are going to spend Bitcoin to justify lightning network nonsense I invite you to go try and talk to some of these guys
Like buddy I’ll just keep paying invoices to sanctioned Russians in Bitcoin you can worry about these make believe Ugandans that just can’t wait to use Bitcoin to buy goats and chickens or whatever else
not really, i mean today yeah but using it to buy shit was literally the main thing it was advertised as in the early 2010s
then after it hit 10k in 2017 and rocketed up to 19k a week later, people realized its actually just another way of gambling/investing
the only thing its good for buying is other coins and using the other coins to buy drugs online
i would also posit that the volatility has actually helped it carve out a niche where everyday people can put a few grand in and make money - and that same volatility makes it less appealing to say hedge funds who stand to lose so much more
im not a coin guy tho
although apparently one of the meme coins i put 1000s of in my private wallet are worth a shit ton now
if only i could be bothered to find the physical wallet and piece of paper w/ login info , its in here somewhere
trying to remember the name, apparently a guy named valery or vassili is the owner? its not ETH