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kgothatso / kgothatso@8333.mobi
npub1773…esjt
2024-08-28 16:11:07

kgothatso on Nostr: Low transaction fees are also an indicator that Bitcoin is scaling? ...

Low transaction fees are also an indicator that Bitcoin is scaling?

Low transaction fees are great.
Cat jpegs onchain didn’t catch on I guess.

But..

It is also indicative of many people using custodial services instead of being sovereign key-holding bitcoiners.

Which enables fractional reserves, paper bitcoin and price manipulation.
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npub1773r2y5zl3sa7xufmye96un3hf02rse8j82hkd45ps0wvk2hrkasslesjt