Thomas Zander [ARCHIVE] on Nostr: 📅 Original date posted:2015-07-30 📝 Original message:On Thursday 30. July 2015 ...
📅 Original date posted:2015-07-30
📝 Original message:On Thursday 30. July 2015 11.38.00 Jorge Timón via bitcoin-dev wrote:
> It is important ro note that even if lightning was never developed, the
> block size remains at 1 MB forever and fees rise to 10 usd per transaction,
> such "high fees" are still extremely competitive with non-decentralized
> payment systems that have proportional fees.
What makes you think that when there is such a low availability of transaction
space that paying to be included costs you $10, that Bitcoin is not going to
be outcompeted and replaced or otherwise regarded as worthless?
--
Thomas Zander
📝 Original message:On Thursday 30. July 2015 11.38.00 Jorge Timón via bitcoin-dev wrote:
> It is important ro note that even if lightning was never developed, the
> block size remains at 1 MB forever and fees rise to 10 usd per transaction,
> such "high fees" are still extremely competitive with non-decentralized
> payment systems that have proportional fees.
What makes you think that when there is such a low availability of transaction
space that paying to be included costs you $10, that Bitcoin is not going to
be outcompeted and replaced or otherwise regarded as worthless?
--
Thomas Zander