How can Bitcoin fix this to compete?
Fees are actually decent right now, you can set from 0.4$ up to 3$ and still have a nice transaction time without paying a shitload of money.
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Yes but the damage has already been done and it will be remembered that the development team sat on it's hands and
allowed fees to hit $55 and came up with excuse after excuse for doing nothing and now its excuse after excuse as to why
bitcoin is headed down and they can blame China, Japan and anyone else but it comes down to a system that is slow and
won't scale and fees.
Lightning is going to be the killer blow because its obvious to those that look that it's just a system of banking hubs
that will rip people off even more once they get going