₿en on Nostr: Thanks for your view! How about this approach: in the case of btc coins are lost ...
Thanks for your view!
How about this approach: in the case of btc coins are lost forever… then let’s suppose btc hits 10.000.000usd at some point meaning 1sat=10usd cents. So you could not reflect anything below 10c on the Layer 1 anymore, but on a layer 2 like lightning you could. You could even do this for 75.000.000 a coin or more. Wouldn’t this mean lost coins are not important, and miners can keep gaining via transaction fees on Layer 1 and 2 as soon as all coins have been mined? Also not a bad scenario or?
How about this approach: in the case of btc coins are lost forever… then let’s suppose btc hits 10.000.000usd at some point meaning 1sat=10usd cents. So you could not reflect anything below 10c on the Layer 1 anymore, but on a layer 2 like lightning you could. You could even do this for 75.000.000 a coin or more. Wouldn’t this mean lost coins are not important, and miners can keep gaining via transaction fees on Layer 1 and 2 as soon as all coins have been mined? Also not a bad scenario or?