Replying to Avatar Trey

$100,000,000 bitcoin and 1 sat/vb txns clearing, nice!

Do you think that's because there are still very few on chain transactions even tho the price mooned? Or did we get much more efficient in using blockspace somehow?

Or something else?
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cuban 2y ago

It was mostly a shitpost.

I think if we keep scaling out layers and software then demand for block space will go up even if it's just for lightning channel management, corps, cashi mints etc.

Not sure 1sat is the price then even with higher $values

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Trey 2y ago

Yeah it seems like consensus opinion that fees have to rise if bitcoin is successfully adopted but I think there's a chance we could end up with the best of both worlds

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cuban 2y ago

I could see it, we have gotten more efficient with block space so who is to say we can't do that again.