Thread by @tayvano_

I haven't sent any BTC in over a year (#hodl) but is it really $4 to send a basic tx? And that's "low"??!

It's also amazing that I live in the crypto space (granted not so much the BTC space) and I have NO idea what fee is reasonable.

I don't even know what to google to get the fee I should set.

Guys. We have to fix this.

For the record, no one googles "BTC mempool" nor "jochen-hoenicke" to figure out what fee they should use to send a fucking transaction.

I'll keep you guys posted on our little adventure. 😂

So I overpaid for my required needs even when I manually lowered the fee by "a lot"
🤷‍♀️

The replies to this, with a select few exceptions, are absolutely destroying my notifs with an astonishing disregard for reality. These attitudes encourage stagnation in a space that has so much to improve. So let's review what the problems are and what the solutions are.

Warning: anyone who shills their shitbags from this point forward will be blocked. You are a problem. You are not improving this space with your bagholding baloney. Stop it.

Let's review the context.
We have a security program. If you find a thing, you get a reward. That reward depends on the product, the severity, etc.

Super nice guy found something. The way he handled himself was just so good. Nice, polite, professional, reasonable, everything. 👍

We asked how he preferred to be paid. He answered BTC.

It doesn't matter why. It doesn't matter if you think he should use . He wants BTC. And I want to reward him for being amazing. So I will pay him in BTC, not in a lecture filled with scummy ulterior motives.

Now I break out my Ledger which has my old stash of BTC on it. I go to send the TX.

This shouldn't take long or require effort. I have a lot to do, I have to do this, but I shouldn't have to spend hours or think about this. I use crypto and my ledger everyday. Just not BTC.

I notice that the fee is $4 for "low." I don't want to pay $4 especially for a non-urgent tx of $150.

And now I am stuck. Being stuck is one of the most frustrating user experiences. It's not bad in the regular sense—I didn't lose my money or fuck up. But. It still sucks.

I don't know what fee to set. I have no context, no relativity, no idea what random ass # to choose.

There is no "learn about fees" tooltip or link out.

I Google but don't know where to go from there.

I land on Billfodl's. It's an essay. I don't have the mental energy to read an essay to send $150 worth of BTC.

I am stuck.

I am stuck and I don't want to be stuck.

So I tweet.

It takes 50 replies, 2+ hours, and a shillshitshow before someone says "you can use 1/4th of that."

This is all a problem. This is a normal act of sending a non-urgent basic payment to a provided address from my Ledger. This should take ~0 mental energy for someone who has basic crypto knowledge. Period. End of conversation.

I shouldn't fuck up. I shouldn't get stuck. Period.

Most of all, I'm a not a noob. I'm not scared to send. I understand way too much about mempool and fees.

I just dont have 4 sites bookmarked. I don't like to analyze a pile of graphs to determine the fee I want to send.

At least Nic is self-aware.

https://twitter.com/nic__carter/status/1260342965702135808?s=19

I'm not asking for much here.

The solution is easy. Someone build a goddamn api for the wallets that spits out the fee to use based on users needs (now, next hour, next 12 hours, whenever)

Someone build a fucking site so when I google what fee to use it tells me, "use ___"

The solution is NOT:
Use a different coin
BTSHIT is the real BTC
Go to johoes graphs
Ask twitter
Google anything

I shouldn't have to leave my wallet.

If I must, which you used to have to do on MEW, it should be via a link RIGHT THERE saying WHAT FEE SHOULD I USE?

The bigger problem is the mentality of the people in my replies. They may not be reflective of the community but...well...they are reflective bc that's what I got when I tweeted.

I gaurentee a new person in this space would fair far, far worse.

That's a problem.

Somehow the stagnation of network upgrades done out of the notion of security have evolved to "make everything overly and unnecessarily complex even on the UI level bc I will defend my bags to the death."

Fuck that. Fuck it super hard. That's gross.

Improve your shit. Try to be better. Be on the lookout for ways to remove clicks and mental blockers.

The UI layer is the simplest way to be better.

Don't shill, don't address a different problem.

Discuss it. Fix it. Improve it. 🙏

This isn't only BTC so dont get your cocks too hard, ETHheads.

My product even uses slow vs fast. Thats useless to anyone not totally engrossed in the community.

But we'll push an update to improve it. Bc when there's a problem, you should fix it. Not fucking defend it.

/rant