Ethereum gas fees are like surge prices on Uber—you have to be a madman to overlook how annoying they can be. October 2023 saw things take a positive turn when Ethereum fees decreased, with Ethereum 2.0 marking a stressing reduction in energy consumption. But, on Dec.1, 2023, social media exploded when Buterin Cards drove up fees into the sky, causing users to look for alternative blockchains.
The the gap between desired and actual ETH/USD gas prices has become increasingly pronounced, and a popular analogy is now in circulation: Ethereum gas fees are like surge pricing on Uber. You’d have to be crazy to not recognize just that awful it can be. In October 2023, Ethereum gas fees saw a pleasant drop, as a result of the transition to an efeicient Proof of Stake (PoS) consensus leveling the Ethereum/USD equation. But ghouls had their revenge on December 1, when Buterin Cards prompted a steep climb in Ethereum fees, sawing the Reddit hatchet on the already debilitated state of on-chain transactions.
Mockingly, many social media relays suggest crypto users seek presidency-level monetary advisement:
If anyone here is good at budgeting please help—
Rent: $1,900
Groceries: $350
Insurance: $200
Ethereum Gas: $31,000
Gas: $300 <
Mocking, saddening, Between tweet tantrums and popularly circulated memes that succinctly communicate the overwhelming frustration with excessively large fees, Ethereum users and cryptocurrency workers may be left questioning whether had swopped blocks to claim their fortune.
