Uhm so what happened to that economic theory that financial uses will price out non-financial uses?
Discussion
Turns out “issue shitcoins” are also economic uses, just not the ones that theory meant. 😂
(Still, that theory always applied for high value transactions, which are still confirming fine, just not at a low fee…everything else is either Lightning or has moved to litecoin or whatever)
Yeah I’m definitely thinking twice now about opening new channels. They will be larger and more thoughtfully deployed