Bitcoin was intended to be a tool for the masses, Not just privileged people. It was made to free people from the extortion of the banks.. Right now the miners have become the big banks.. And bitcoin is becoming more of a tool for elites.. If this continues and no consensus reached.. Bitcoin will lose its purpose..
I agree with this.
Bitcoin started as a cheap and fast service. Now it's slow and expensive. It's becoming like bank wires.
Bitcoin has already lost most of its appeal in our crypto-community, but because the price is so high many seem to ignore it. Many people here are sick and tired of this situation and want a solution now.
If this situation continues, I think it's gonna die, as I already said in my previous thread: https://bitcointalksearch.org/topic/bitcoin-is-gonna-die-soon-1917152
To be more clear, Bitcoin is gonna die as an everyday payment system. It will be used only by a wealthy elite to buy yatch and supercars. Totally losing its purpose...