Will platform fees fall quickly after this ordinal congestion rests?
Here's an analogous example: When fiat inflation skyrocketed this past year, rent prices everywhere decided to hold its hand on the way UP. However, it seemed to let go when inflation went back down and remained at that elevated level (and continues to rise, in many cases).
Would love to see a trendline of margins for these cryptocurrency platform companies before, during, and after the dust settles. How do we QC the legitimacy of this ordinal congestion over time to know these high fees are legitimate?
Where do these platforms sit on the index below?
