Issue is, its only going to get more expensive as prices rise... BTC is certainly not a transactional currency in its current form.
Absolutely and the thing is, as long as altcoins are traded in Bitcoin (and not directly from fiat) it is going to slow down adoption in the whole cryptocurrency ecosystem, since it acts as an absolute limit on the amount of capital that can flow in.
RE: PSA - Kraken Exchange is Raising Withdrawal Fees, Dynamic Fees Coming Soon - UPDATED SCROLL TO BOTTOM