Bitcoin’s Unfinished Business: Why Micropayments Still Matter

Fees have risen so dramatically because Bitcoin ( $77,339.00 ) has a competitive market for transaction fees, which fund network security, and rising demand has made transactions more pricey. The last time Bitcoin ( $77,339.00 ) fees were low enough for anything close to micropayments was June of 2015, when the cost of a simple send broke five cents. They haven’t looked back since. Even in the deep dark doldrums of the 2019 bear market, with the Bitcoin ( $77,339.00 ) (BTC) currency trading as low as $3,000, fees were consistently above 10 cents.