This was not the bitcoin i had seen!
Indeed, this is not the Bitcoin you had seen, now it's price has increased 800% since the last time you used it (May 2015), and instead of this it's the slow confirmation times that shocked you, this is strange at least.Maybe he have expected that bitcoin have adopted to the amount of users coming in and the transactions that would bring. But instead, bitcoin has remained stagnant and failed to scale thus high transaction fee and confirmation time. Giving higher fee for faster confirmation is not a solution. It will just make the fee bloat indefinitely as more people want their tx to be first in line. But we cannot make the miners choose the right solution right away because they are still enjoying the high fees they are getting.
