You are viewing a single comment's thread from:
RE: Steemitblog Contest: What are my favorite cryptocurrency coins? one of them is Ethereum!
Hi @sapwood
You are very correct, its transaction fees are an issue for individual investors.
The irony is that Institutional Investors and other Financial Institutions are utilizing DeFi for its better yearly interest rate, and the cost of transactions in traditional banking wire transfers is so high and so slow, that Ethereum is both cheap and fast by comparison. LOL!
The very qualities of cryptocurrency which attracted many of us here are now attracting others.
Thank you for your comment, it is a very good point and helps us understand the changing dynamics of cryptocurrency DeFi.