Not just replace. Limited blockspace and growing demand for it means growing fees. We'll look back on these $15 fees fondly.

It's not hard to see the logical conclusion of what you said

As tx fees continue to climb 90% of users won't be able to afford to transact on chain. Whats left? Custodial services and faulty second class citizen layers.

Michael Saylor and Max Keiser will be the lucky few able to sparingly transact on chain