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Replying to Avatar rev.hodl

If the nft transactions outbid the financial ones, especially if it becomes common to pay fees in oob transactions to do the inscriptions and they are sold for dollars instead of Bitcoin. I don't think it's likely and if it happens probably won't last long but some folks already seem to be very adamantly opposed to inscriptions. If fees go way up opposition might grow large quickly and lead to irrational behavior. Mania

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Ben Justman🍷 2y ago

Reasonable take.

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rev.hodl 2y ago

Basically, an environment where price stays low and fees go up because outsiders are focused on fiat gains.

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