What do you mean “fees will balance out”? What if we hit Visa level of transactions - 1 million per ten minutes - fees will have to be much higher than they are now right?

Reply to this note

Please Login to reply.

Discussion

I guess more and more transactions will move to the lightning network so maybe it does balance out. Will people buy houses with lightning?

I'm sure they will.. because I can open a channel on my Phoenix wallet a non custodial lightning network wallet of any unlimited amount for the fee of 1% and buy everything I want and need. Yes 1% fee but Hey I will be ready to transact like a mad dog.. also my family will be on my lightning and btc nodes sooo we can have full control

Fedi for us poors

I won't be buying g houses or a house I will rent always lol leave that headache for a home owner lol all the bill and taxes and important paperwork while I'm relaxed gone fishing lmao

Layer 2.. this was the same thing g they were saying g in 2013 2014 and look fees are as low as they are Satoshi was a genius.. not everyone will be on layer one and all merchants will be on lightning nodes

It will all work out