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Replying to Avatar BTCapsule 🏴

The fact we can still afford to DCA Bitcoin and move it to cold storage means we are so early.

In the future, as Bitcoin scales to billions of people, it will be impractical to move $50 because the fees might be $500.

Of course, if you have $500 in BTC now, you will be able to move it because your purchasing power will increase.

However, for future savings and generations, cold storing Bitcoin on L1 will be too expensive for us plebs. So we must choose the most decentralized L2 solutions, or keep all our savings on a custodial lightning wallet.

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franzap 2y ago

Since fees will be astronomical and non-custodial upper layers need the ability to settle on L1 (if absolutely necessary), this will develop an interesting insurance market

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Speedster 2y ago

It’s a wonderful stroke of good fortune to be alive at this moment in time and to grasp the significance and the courage to stack Sats

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