Urgent isn ' t hyperbole because Bitcoin ' s competitor is not PayPal . In an opensource world , Bitcoin ' s competitor is the best thing that can be built out of its corpse or forked off of it . Also , even subdollar fees are a betrayal of investors that is exactly equivalent to inflating Bitcoin beyond 21 M in terms of destroying its storeofvalue f u n c t i o n l i m i t i n g t h e b l o c k s i z e t o c r e a t e a f e e m a r k e t a nothervarietyofliftingthe 21 f 972 b 6 e 3 afd 8 . Substantial additional subsidy to miners from each holder , whether by 21 M coin inflation or by vastly higher fees than the negligible ones a fee market unhampered by an artificial blocksize constraint would have preserved , the effect is the same store of value is diminished , investors are cheated , confidence in Bitcoin as Gold 2 . 0 is weakened . Every holder must some day spend to get any benefit from having held . And with Core ' s $ 100 settlement layer fees this really kicks into high gear . It ' s tantamount to a large amount of 21 M inflation in sound money breaking effect .