Subnostr

My point is things get cheaper and trend to free because technology is deflationary.

I'm not sure you'd argue against that. Yes, I understand ⚡in its current state and I get your point. This is why ecash and Ark are something to follow closely. 👀

utxo the webmaster 🧑‍💻 2y ago

I dunno man, I see Bitcoin chain fees going up over time, and by a lot

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Discussion

nicnym 2y ago

fiat parallel is base chain = fed wire, lightning = ACH payments

-that we are currently using to send pennies.

Do you see a way to layer for lower fee zaps?

OceanSlim 2y ago

I agree. I tell people all the time that mainnet fees may cost in the hundreds thousands or even 10s of thousands if #bitcoin is to serve as a global settlement layer of money. I suspect the average person will not be using mainnet in the future. see: lightning. Mainnet fees increasing does not equate to more expensive Bitcoin transactions. It just means more expensive Mainnet transactions. Technology (lightning) has deflated the cost of sending Bitcoin. Technology will keep deflating the cost of sending Bitcoin. see: ecash

Yes there are trade offs to cheap transactions. It's important we proceed with caution when using anything that isn't mainnet.