Replying to Avatar Humble Bitcoiner

My 2 sats on the mempool and transaction fees:

#Bitcoin always gets criticized that the network isn’t sustainable over the long term because of the decreasing and ending block rewards.

Yet every major industry like the internet, container ships, gold vaults, power grids,.. are funded by fees.

The moment the fees on the #Bitcoin network become higher and pushes and influx of miners to secure the network, people scream it’s broken 😅

How about #Bitcoin settlement layer becomes a layer for the big monetary transactions that are willing to pay high fees for max security. And second layer solutions are for day to day transactions.

Imo this event is good as it pushes development to second layer solutions like #Lightning

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Tetsu Tamasi 2y ago

Most of us weren’t prepared so we gonna be bitching about it, but it’s going to be good for #Bitcoin.

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Humble Bitcoiner 2y ago

Insert “everything is good for Bitcoin” meme

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₿☻Ḷↁ 2y ago

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Tetsu Tamasi 2y ago

🧡

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