this isnt a flaw in the protocol, this is a flaw in how we choose to utilize bitcoin, despite its function being plainly spelled out by Satoshi in the white paper. "small, casual transactions" my ass at this point. we are speculating on something we should be using only to transact with. the value of bitcoin, like the many utility erc20 shit tokens, should be tied to the utility/intrinsic value. this isnt that. as we updated and forked, as the halvings take place, the value should have grown steadily, not like what we saw in 2017.

and this wont last. we may even surpass 10k in the immediate future (i hear calls now for 12K).

but that "may" isnt good enough for me and my money. its been a fun ride. im getting off at 10k, and getting back in around 7-8K.

ye for real, fees on btc are pretty high in case of purchase and transaction. It's not definetly the crypto to use for make payment, like ethereum, it's just the virtual gold to hold and see the price growing.

But bitcoin is now being used as an asset to make more money, not to spend in restaraunts, or in a freeshop.

Would yo pay $7 fees for a coca cola and a little sandwich? I guess that you wouldn't, and me too. Because there is no sense in paying those kind of fees just for a tiny transaction. That is the main reason of why it would never be like all the other currencies who are able to be used for this kind of purchases.
But it would not make bitcoin useless, it would be the opposite because people would put their money in here only to grow their money.

Yes there are many people avoiding bitcoins due to high transaction fees and I think it will be fixed soon. Bitcoin is mainly used for long term investment like gold and currently we can't use it as currency maybe in future we can but for now we can only use bitcoins as an asset like gold.

Hardly anyone is using it as a currency and it's possible hardly anyone ever will.

No matter what the fee situation is, and it's possible there'll be developments that reduce them to tiny amounts, no one wants to spend something that might be worth more tomorrow.

Anyone who has even the slightest understanding of how cryptocurrencies work knows that fees is a problem of all cryptocurrencies, because there's not enough space and bandwidth to process enough transactions to be used as a currency. All those coins that claim to be scalable with their 4-8 MB blocks or bigger are in fact having cheap fees only because no one uses them, so if all PayPal users switched to Bitcoin Cash, for example, its fees would skytocket to something like $30 per transaction, while the node count would drop to a couple of data centers, defeating the whole purpose of cryptocurrency.

You can still perform transactions using smaller transaction fees. You will have just have to wait longer. Don't want to wait and prioritize your transaction? Add higher fee and get your transactions confirmed within few minutes.
Its true that we can't use bitcoin currently for doing smaller transactions due to waiting time, but this might improve soon.

Don't bother the transaction fees if your plan is for long term. It will be settled in the long run. We wil get the benefits of believing and hodling bitcoin not today. So just keep on believing, it will pay off.

Unfortunately we have reached the point of admitting that the use of bitcoin is no longer viable as a true currency for daily use, as previously thought. Now it only counts as a system to speculate and make money, and not necessarily to modify the enslaving rules of the current banking system.