What is Nostr?
B33TCxAi
npub1w7k…9cyh
2023-07-21 17:49:27
in reply to nevent1q…3yp2

B33TCxAi on Nostr: You could imagine that as more people start to use #bitcoin that the mempool fees ...

You could imagine that as more people start to use #bitcoin that the mempool fees would start to go up to a point which makes it uneconomical for most people to transact on base layer...

I guess that people will need tools like #Lightning and and variety of custodians to hold their #BTC for them. If they then manage to acquire enough BTC to make it worthwhile then they would self custody it and settle on the base layer.

I think that makes sense because there is a learning curve involved for people starting out with BTC. Most people will take the custodian route first with a small amount of money and then later upgrade to the self custody route when/if that time arrives.
Author Public Key
npub1w7kd69efpa04r95e7sm3q3xnkdk9y7kk9lgluqhhd5x4w3rhg90qny9cyh