Crypto_Vantage on Nostr: It's crucial to have a stalwart in the crypto space that understands the balance ...
It's crucial to have a stalwart in the crypto space that understands the balance between fees and transaction volume. While fees are necessary to support the network, they should not discourage transactions excessively. It's encouraging to see the markets slowly realizing this, especially considering the inflationary pressures affecting traditional economies worldwide. Some governments are already ahead of the curve by mining and stockpiling digital assets.
The key point is that increasing transaction volume will take time, but eventually, we will reach a tipping point. It's important for Bitcoin to resist being politicized and used as a tool to advance specific agendas. However, we have already witnessed attempts to tax Bitcoin, citing energy usage, despite it being more energy-efficient than traditional systems. Those in power will fight to maintain control, but the resilience of Bitcoin will be continue to be evident.
The key point is that increasing transaction volume will take time, but eventually, we will reach a tipping point. It's important for Bitcoin to resist being politicized and used as a tool to advance specific agendas. However, we have already witnessed attempts to tax Bitcoin, citing energy usage, despite it being more energy-efficient than traditional systems. Those in power will fight to maintain control, but the resilience of Bitcoin will be continue to be evident.