So when a base-chain transaction is 10$... (with 99% monetary usage) will it be 'too high' or 'too low' at that point?
And *no* the fees will not be high because the 'reward is low'. The fees will be high due to block space demand because the entire world wants to transact on chain.
THAT is the future of Bitcoin and any other explanation/rationale imo about the future misses the entire point.
028559d218
npub18t…6rlhl
2025-05-25 19:57:26 UTC
in reply to nevent1q…dcw4
Author Public Key
npub18tgvcntq2mhz9j0d7qmtewx87tcxyzwrx2x5ry9k993gknj736tqx6rlhlPublished at
2025-05-25 19:57:26 UTCEvent JSON
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"content": "So when a base-chain transaction is 10$... (with 99% monetary usage) will it be 'too high' or 'too low' at that point?\n\nAnd *no* the fees will not be high because the 'reward is low'. The fees will be high due to block space demand because the entire world wants to transact on chain.\n\nTHAT is the future of Bitcoin and any other explanation/rationale imo about the future misses the entire point.",
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