Why Nostr? What is Njump?
2025-04-19 19:41:42
in reply to

MAHDOOD on Nostr: Well right now, you can’t divide sats on the base chain. Are you predicting that ...

Well right now, you can’t divide sats on the base chain.

Are you predicting that transaction fees on Bitcoin will remain at these levels or possibly go lower? Right now we are at 3 sats/vbyte. Only a small percentage of the 8 billion people on earth are using bitcoin. On a Bitcoin standard, do you think these fees will remain low? Even if Bitcoin is at 5 million dollars, the scarcity of the block space doesn’t change. The richest people, corporations, and businesses will be fighting to get their transactions in.
Author Public Key
npub1ghcetnluhryhynhuyj8s2pazldjm27wl40nu6dfeskvpv09twcnsneygat