If you had $200 total worth of on-chain BTC, and it was your life savings, what would your strategy be to hodl it going forward—knowing that L1 fees will continue rising with adoption?
Hold on and wait until those sats are worth much more.
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So you think sat-nominated fees will not increase?
How does the fee increase forever under hardcaped total supply?
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I think (or hope) we are currently seeing a glimpse of a distant future where 500 sat/VB is the new standard. I expect fees to come down again in the short term (months).