arkinox on Nostr: This means each sat will be worth $1. Which means a base layer transaction will cost ...

This means each sat will be worth $1.

Which means a base layer transaction will cost ~ $300 at a minimum.

🤔 maybe that's about right.

Lightning routing fees will have to be millisats or 0 though.

Interesting to think about.

quoting nevent1q…aah7

2.1 quadrillion sats is just about the right number to store all human value forever. The fiat clown world has essentially pushed us to that number in dollar terms: $900T in global assets plus $1.2 quadrillion in derivatives.

Now we rebase everything to #Bitcoin and deflate.