Rising fees open the door for Bitcoin’s ‘currency’ contenders

Rising fees open the door for Bitcoin's 'currency' contenders Alex Lielacher Probably the biggest challenge that bitcoin faces today is scalability. Currently, bitcoin users are being charged an average of over $30 per transaction and transactions can take several hours to confirm. This is a far cry from the days when it was possible to send bitcoin within minutes to anywhere in the world for a few cents. NEws