{"type":"rich","version":"1.0","title":"Jameson Lopp wrote","author_name":"Jameson Lopp (npub17u…wt4tp)","author_url":"https://yabu.me/npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp","provider_name":"njump","provider_url":"https://yabu.me","html":"Main point is on the goldilocks slide.\n\nDemand fluctuates due to a wide variety of factors. If supply is static then the likelihood that the supply is optimal at any given point becomes quite low.\n\nIf cost of block space is too low, it has centralizing effects / makes thermodynamic security unsustainable.\n\nIf cost of block space is too high, it also has centralizing effects / pushes users to trusted third parties or other networks."}