Bitcoin is having a nice run but with its mempool issues currently you can really see the effect on higher throughput blockchains. Solana and ADA seem to be crushing it as a result. I hope Bitcoin can get this figured out. It is way too early in the cycle to be having these issues. Makes you wonder who these people are making transactions currently.
This mempool congestion is annoying but luckily it shouldn't affect me too badly. I paid a much lower than usual fee today to transfer half a coin to one of my OTC dudes because I anticipated a possible Xmas dip and I liked $44k. I needed to give the taxman his monthly pound of flesh and have some extra bank money to cover utilities etc while I'm in Mexico. Surprisingly it confirmed quickly.I should be good now until April and hopefully by then this pathetic ordinals crap should have passed like a constipation turd and fees will be more reasonable. Today's transaction was large enough that the fee really wasn't that important. It's still much cheaper and faster than any other payment method except cash hand-to-hand.
The one place where it will affect me is my ride to the airport. My go-to driver not only charges me much less than a taxi but he takes payment in Bitcoin. The fee I paid today is more than he charges me. I guess I'll have to pay him with fiat. Oh well.
