Depends on how you look at it and what you are using your Bitcoins for. If you are sending a $1 transaction in BTC and you have to pay $1 in fees (that's the average mentioned in the article), that's huge. On the other hand, if you need to pay the same amount in fees for a $1 million in BTC, that's nothing.

Transaction fees have been low for quite some time on the Bitcoin network and that's a good thing. 1 sat/vByte is enough almost all the time. I have often checked mempool stats just to see the current network conditions and I notice only 1-2k unconfirmed transactions. That's nothing, and in theory they could all fit into a single block. In the past, it wasn't unusual to see tens of thousands of unconfirmed transactions waiting to be mined. That's when things get interesting and network fees start to rise because people are fighting for a spot in one of the next few blocks.

People who want to invest in Bitcoin should first be well informed about how transactions work, and the fact is that a very small percentage of all those who have something to do with Bitcoin know the basics. To begin with, we should clearly separate the transactions sent from non-custodial crypto wallets (where the user has absolute control) and the transactions we receive from centralized crypto exchanges.

With non-custodial wallets, we can determine the fee ourselves, but we should know that the transaction price also depends on the size of the transaction (number of inputs/outputs), while crypto exchanges charge a service fee that has nothing to do with the fee we pay to crypto miners. Many use crypto exchanges as their hot wallets, which is a completely wrong approach, not only because they pay too high a fee for each outgoing transaction - but also because they have no control over their funds, which can be frozen for any reason at any time.

Every tool, no matter how good, is not as effective in the wrong hands as it should be. Research, acquisition of knowledge + understanding and ultimately proper use are the only right path for everyone to follow.

The fact is, it's going to be even lower in the coming days. One have to understand that there were already networks like :
Lightning network
SegWit
These networks were already sufficiently used to decrease the amount of transaction fee, I remember my campaign manager @lauda telling us to use samourai few years back to have affordable transaction fee, thats how I got into that. Therefore one I do think that it does depend on the community as well to explore the other ideas. At the same time the fee is changing ofc all the time according to the price as well but now a days wallets are operating at much lower fee at the same time on sites like roobet you can choose the urgency of your transaction making it way easier to choose your own fee.
We have definitely come a long way.

alot of people are fooling themselves by saying 'just make a lean tx of 250bytes and pay 1sat/byte and wait 24 hours for the hope of a confirmation"
yea good luck sifting through all your UTXO's and manually building a TX that uses only certain UTXO to stay at 250byte while also having enough value to pay for the actual things the destination is selling at the amount they want.

some are fooling themselves by saying lock up about 100x of your desired amount you usually would spend.. and then play with other denominations of other units of measure on other networks that pretend to be called bitcoin too.
good luck predicting your spending habits for the next few months and also positioning your contracts with the right partner that will always be available and have the right route always available to allow those payments on other networks.
..
but here is the thing. if you actually look at the actual blocks. and take the amount of bytes ACTUALLY USED in a block. and also the total fee the block ACTUALLY GETS as a reward. and divide it down to actual sats per byte. then and only then can you get the actual real average fee..
then also look at the reality of the actual size of actual transactions and find the actual $ figure for the actual transactions

so based on the time of posting this message i will show the last 5 blocks and their maths.
blk732458:  1,808,366 bytes   0.04391420 BTC = ~2.48sat/byte
blk732457:  1,502,971 bytes   0.12768616 BTC = ~8.49sat/byte
blk732456:  1,794,245 bytes   0.04198716 BTC = ~2.34sat/byte
blk732455:  1,452,018 bytes   0.08622103 BTC = ~5.93sat/byte
blk732454:  1,563,635 bytes   0.11297516 BTC = ~7.22sat/byte
blk732453:  1,822,950 bytes   0.03827620 BTC = ~2.09sat/byte
blk732452:  1,525,942 bytes   0.08623239 BTC = ~5.65sat/byte
blk732451:  1,557,160 bytes   0.12279091 BTC = ~7.88sat/byte
blk732450:  1,588,453 bytes   0.05791716 BTC = ~3.64sat/byte
blk732449:  1,885,043 bytes   0.07617208 BTC = ~4.04sat/byte
average = 4.97sat/byte

now lets look at the average transaction size per block
blk732458:  1,808,366 bytes   1,388tx = ~1302byte/tx = 3228sat/tx
blk732457:  1,502,971 bytes   3,507tx = ~428byte/tx = 3633sat/tx
blk732456:  1,794,245 bytes   2,253tx = ~796byte/tx = 1862sat/tx
blk732455:  1,452,018 bytes   2,748tx = ~528byte/tx = 3131sat/tx
blk732454:  1,563,635 bytes   3,194tx = ~489byte/tx = 3530sat/tx
blk732453:  1,822,950 bytes   1,718tx = ~1061byte/tx = 2217sat/tx
blk732452:  1,525,942 bytes   2,603tx = ~586byte/tx = 3310sat/tx
blk732451:  1,557,160 bytes   2,722tx = ~572byte/tx = 4507sat/tx
blk732450:  1,588,453 bytes   1,881tx = ~844byte/tx = 3072sat/tx
blk732449:  1,885,043 bytes   1,741tx = ~1002byte/tx = 4048sat/tx
average = 3253sat/tx
which at current price of $40631.90 for 1btc = $1.32/tx

this $1.32 is about 5 days wage for many billions of people in impoverished countries.
yep countries where the "unbanked" exist. the very places bitcoin is suppose to cater to.

i know america and europe think $1.32 is not much(only 8 minutes of minimum wage). but there are like 3billlion people in impoverished countries compared to 1billion of america and europe.. meaning while americans/europeans are saying $1.32 is good.. 3x that many people are saying its bad

..
now lets wait and see the usual suspects sound all elitist about how they dont want bitcoin to be used by the masses. how they dont want to see the unbanked move their weekly wage on bitcoin. how the masses should use alternative networks which those usual suspects can then profit off of by claiming router fee's when servicing these recruited people that join their network due to the high fee's of bitcoin

(i personally am british and have large hoard of coin and financially wealthy, but i atleast can see the issues of the impoverished countries that certain people neglect/ignore)

There have been times in past years when bad actors were spamming the bitcoin network with dust transactions to cause long delays & high fees. Those bad actors have gone away to their failing shitforks now. We’ve also had Segwit which made the network better & allowed for lower fees. Meanwhile the network is more secure than ever, a new block is mined every 10 minutes, tick tock, next block.

this is what i am thinking here about CEXs. maybe, it is time to adjust their fixed withdrawal fees of mostly 50k satoshis. some are even charging 80k sats. that's too much for small traders. and when it comes to casinos, they can also review their fees as sometimes it is the determining factor for small players. how they can withdraw their funds at the cheapest possible way.
but if you are using your own wallet like electrum, you can already see the difference and the duration of waiting for the confirmation of your tx is much shorter even if you are paying small amt of sats.

Today I paid a fee as low as $0.08 and the waiting time wasn't upto 4mins.
The issue of high bitcoin transaction fee was high some few years ago when there were nothing like LN, Segwit, Taproot etc. A lot of scalability protocols have been incorporated in the bitcoin network and it is helping bitcoin to scale.
Again, exchanges induced fees were the reason for high bitcoin transaction fees, many people are using non custodial wallets now.
But what can be said about a transaction in BTC TRN network cannot be said about  ERC.
What we can see as low fees for a transaction of $20k may not be low for a transaction of $2.

The average cost of bitcoin transactions depends on the network if the network becomes crowded the transaction fee will increase and people should pay more for each transaction to be confirmed during the last months I can see the transaction costs decreased hugely and maybe the reason is network is not crowded like old days, usually the networked become crowded whenever the price increases or decreases sharply so people should transfer the bitcoin to sell or buy as faster as they can so theoretically if the price does some sharp or spike movement the transaction fee should increase.

That's whatever crossed my mind when I first got to know bitcoin. Getting the wrong information and not checking it manually. Because the information being disseminated has made some people who want to know about Bitcoin reluctant to see the high fees. The past 2 years have proven that low costs have been overcome and I think there is nothing more to complain about and make excuses for not investing in bitcoin.

I'm not hearing members though complaining about the fees even at the recent all time high run last November. Unlike in 2017 wherein most of us suffer from the high fees and transaction took 2 weeks to a month before you can received your btc when you send it. Right now, it's way less than a dollar to do btc transaction. So I guess the arguments against the fees are no longer there.