First, let me state from the onset this is not an endorsement of Bitcoin Cash and I do not own any Bitcoin Cash currently nor have I yet to own any.
Bitcoin fees are going to destroy the Peer to Peer Electronic CASH System.
I lost $14 in gains yesterday due to ridiculously high transaction fees. The network is not efficient enough right now to operate as a cash system with the current block size. The developers must address this immediately; moreover, if they don't it will not be used as a cash system into the future.
Personally, I believe that the community should try to honor the White Paper's vision as much as possible. The White Paper didn't outline an electronic gold system that was designed to be a good store of value only.
While I encourage the use of Bitcoin as a store of value its intended primary utility is outlined rather explicitly in the document.
Hopefully the engineers working on Bitcoin realize the error of their ways and fix the issues creating high fees before another network with less credibility gains traction and the community loses its first mover momentum.
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