Network fees are a bad look for crypto right now

Seeing posts about folks being charged triple their transaction amount in fees for trying to move BTC. Personally tried to move $60 other day and got charged $40 for it. If you don’t believe me go try it. Fees are spiralling out of control due to halving.

“Just use lightning” “Just use coinbase advanced” “Just have to wait it out until network calms down.

My gripe with these arguments is that isnt crypto supposed to be the better solution to fiat? Isn’t it supposed to be for the masses? Isn’t it supposed to be decentralized and thus, cheaper and more effecient than centralized currency?? But how is that possible when the network fees are comparable to black market loan shark agreements.

Right now I can send cash to families or clients with Venmo for free. Sure it arrives 1-3 business days. BUT its free and I will take that any day of the week.

This is a terrible look for crypto. Its a terrible entry to crypto for newcomers who won’t know the savvy ways to work around fees. This is supposed to be the democratic currency owned by the common good and it should be almost free to transact with it at all times. Imagine trying to by a house and the network fees just happen to be “out of control” that week.

This needs to be fixed.