YOU ARE CONFUSING YOURSELF BY THINKING IN DOLLAR TERMS.
BOTH FEES AND UTXOS ARE DENOMINATED IN SATS.
BLOCK SPACE IS FINITE AND SCARCE. AS ADOPTION INCREASES SO WILL FEES.
I have question regarding the statement that - smaller UTXOs will become economically unspendable in the future assuming they aren’t consolidated into larger ones relatively soon.
If bitcoin becomes more valuable in future like 1 USD per sat the miners will be incentivized to accept transaction charging 1 sat per v/B. Will a 10000 sat UTXO be economically unspendable in such scenarios?
Also is it possible to submit transaction to the network with 1 sat per 10 v/B or 1 sat per 100 v/B in case where value of 1 sat is 100 USD in future? If yes, then the small UTXOs will also be spendable and there is no need to worry about smaller UTXOs.
#bitcoin #nostr
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Discussion
in sats, i think the fee rates change very little, and with LN and now ecash taking more and more of the payment load off, likely the fee rates in sats are gonna stay fairly flat
they are going up in dollar value but so are the average transaction sizes due to the bottom end being shifted off chain