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RE: Bitcoin to $2200, in the flow $5000 with instant transactions
I definitely agree that bitcoin is going to need something like this to stay usable. The transaction times right now are getting really slow. Just image in a couple years.
that is why people will switch to steem! no transaction fee and 2 second transaction time!
What we COULD do for bitcoin is set up a non profit foundation where we raise money from the bitcoin community to run Bitcoin Nodes that maybe operate at a loss just to push through cheaper and cheaper transactions...maybe even push through transactions with zero mining fee! This can totallly be ddone. and there are even miners who speicalize in letting you resend transactions with another fee inscase ur bitcoingets "stuck" I wrote a stack exchange answer on it here!
https://bitcoin.stackexchange.com/questions/53162/transactions-are-not-guaranted-to-be-validated/53166#53166