As the fees go up, ppl realize that bitcoin base layer is only for wire-transfer-like economical transactions. Plebs will be priced out.
The bitcoin hardware wallet business is still going to grow for a few years, then only going to shrink
It will be a nice high security niche
Security is the # 1 feature, not losing your coins is the most important thing, grandma UX focus is high time preference distraction, global south base layer will be silly.
There is also a huge opportunity for bitcoin backed eCash affordable hardware as these are bearer tokens.
Stop designing for today.
It’s a distinct possibility. But nothing is a sure thing.
Please Login to reply.
If Bitcoin goes anywhere, this is the only direction
I don’t doubt that, but I’m wondering if there will exist cycles of fluctuating fee environments, as there are now, that make the base layer more or less accessible to smaller transactions.
