Replying to Avatar BTCrevolutionary

Enjoyed this, my question is do you believe L1 Bitcoin will be how most people transact considering how high transaction fees can get on the base layer. Curious to hear your thoughts 😀
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rare 2y ago

For Bitcoin, no. Other L1s, yes.

Those who stay Bitcoin may just stay on LN via custodial wallets.

Those who want L1s; I can see Litecoin and Monero being the day-to-day currency.

It’d something like Bitcoin (L1 reserves) >< Monero > expense

Shame.

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