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satoshi jr 2y ago

Because there's a limited amount of block space. As usage grows there's more people bidding to use it so the fees gonup to clear supply and demand

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f9
Deleted Account 2y ago

Right, but are we worried of pricing out in sats or fiat? If fees in sats are expected to go up indefinitely and prevent people from moving their stack, then what is the point of encouraging onboarding?

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satoshi jr 2y ago

I think the expectation is that it goes up higher but then finds some point where if the price is high enough others fewere people willing to pay for the bloxk. So you can move your bitcoin but if your utxo is too small it might be too small yo move economically