JackTheMimic on Nostr: I don't understand what "Unsustainably low" means. The price of money is subject to ...
I don't understand what "Unsustainably low" means. The price of money is subject to the maginal cost of production. If the fees are lower than the cost of electricity and miners, the fees go up. Miners can literally set fee limits. So, I assumed you were refering to the competition of Lightning because the other meaning doesn't make sense.
Published at
2024-11-11 19:49:05Event JSON
{
"id": "92f299941e4debfc7c8b73367ef2303a5bfd7926394d69fa4aa2d9a994f861e5",
"pubkey": "dd1f9d502c7951df47e8f8ed245e8bfa24f7e82c28f19399a8f0e74b06113a21",
"created_at": 1731354545,
"kind": 1,
"tags": [
[
"e",
"aa46f049e6b15d3a80813ce030c0d65f703f240665fd79c1a9e224095e4a9797",
"",
"root"
],
[
"e",
"b2033995bddca38075d62b36a89273dfa0f02a830396b2169eb0eb3fd58a5823"
],
[
"e",
"7f842433dea5c084c0136b864fda1b63bc2742cd556fdf7f03ebe548813400d0",
"",
"reply"
],
[
"p",
"c5e173798dad29dd2b8062b8310974aed0a72e3645f9e58d2129bc6abd15d8bf"
],
[
"p",
"55f573b651eff351db57b0601d23022d8c532f9825db10a5733ebf39be4aa21b"
],
[
"p",
"dd1f9d502c7951df47e8f8ed245e8bfa24f7e82c28f19399a8f0e74b06113a21"
]
],
"content": "I don't understand what \"Unsustainably low\" means. The price of money is subject to the maginal cost of production. If the fees are lower than the cost of electricity and miners, the fees go up. Miners can literally set fee limits. So, I assumed you were refering to the competition of Lightning because the other meaning doesn't make sense.",
"sig": "2a0cf429389245930b6995efe8c46ebd328b77af5271cb85c273693cd8e008fecba5678a1b1e8be883d794facd19b6c71c97614e974dfc2b0a1c5a481d60a990"
}