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by etrabroline 2002 days ago
>bitcoin is 100% doing exactly what it was designed to do

Bitcoin was designed to allow low-fee small amount internet commerce. From the first paragraph of Satoshi's white paper:

>The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions [emphasis added]

This is clearly no longer the case with the BTC fork of Bitcoin:

https://privacypros.io/tools/bitcoin-fee-estimator/

Therefore BTC is not doing what it was designed to do.