Hey y'all! it's been a while

So, you're probably aware that most cryptos has some gas fees to transfer them from point A to point B, but have you ever stopped to think how much we must pay in order to do that? Let's check on Bitcoin and Ethereum for example:

According to BitInfo Charts the average fee of Bitcoin raised from $2.25 to $5.56, an 247% increase between July 8th and August 18th. And if we count it from July 12th, when the average cost was $0.80, only a few days early, that goes to an increase of 647%. At the same period, Ethereum's increased 701%, from $0.51 to $3.58.

That has a huge impact on a simple monetary transaction. And we're just checking on latest data, you may have heard a while ago of that Twitter person who had spent about $16 on fees to transfer $25 worth of Bitcoin. A similar situation has happened to me and it wasn't joyful. 

But hey, staking money must come from somewhere, right? And miners should be payed too, huh? Well, yeah. If you don't know exactly where your staked crypto are coming from, now you know: from the fees people pay. But that has some other impacts like the transaction speed, Bitcoin's weakest spot. It can take a while to receive those satoshis, and afterall, let's face it: nobody likes waiting for transactions. And, also, no one likes paying fees but everybody loves receiving them.

But on day to day use, and on an actual mass adoption on regular people in the crypto world, it can be a problem. For example, you are buying something at the grocery shop and wants to pay it with Bitcoin or Ethereum. You are not only paying fees to make the payment (kinda paying to pay), but also have to wait a while for the transaction to complete. We are all expecting smooth and quick transactions without spending more, and that goes the exact opposite way.