Even assuming the Bitcoin Core blockchain will be 10 time bigger, supposing even 10 TB, well it's around $150 and we know the price will be less and less over time. You can prune it too, so this argument is not valid and it wasn't at all in reality. Satoshi said Bitcoin was able to scale on-chain, fees where never intended to be this high, but the lockdown was made for profit. You can say there L2 but it's not Bitcoin, it's another network, even worse that mean there is incentive to keep the fees high on the Bitcoin network, it's a clear conflict of interest. And even worse, people are pushed to don't get out of LN because of fees, we can expect in a near future where Bitcoin transactions will only be accepted via LN, not on-chain, say hello to enforced custodial solution... Schwab and Trudeau will be happy 🤡

Reply to this note

Please Login to reply.

Discussion

No replies yet.