I can only speak from my own experience here, but I transact a ton in Bitcoin... on Lightning. Not just zaps, but purchases.
I have to do an on-chain transaction to throw sats into cold-storage a few times a year, or open a new Lightning channel once or twice a year, but that's all, and I am sure I'm not alone in that.
Also, if we look at mempool history, the last couple years of sustained high volume of transactions is an anomaly. Most of the time, transaction volume is low, except during times of high price volatility. Times when people are either moving their coins onto exchanges to sell them, or scooping up cheap sats and sending them to cold-storage.
That makes me think this is just the calm before another such storm.
Dikaios1517
npub1ku…v3lhe
2025-04-02 21:53:05
in reply to nevent1q…a2zh
Author Public Key
npub1kun5628raxpm7usdkj62z2337hr77f3ryrg9cf0vjpyf4jvk9r9smv3lhePublished at
2025-04-02 21:53:05Event JSON
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"content": "I can only speak from my own experience here, but I transact a ton in Bitcoin... on Lightning. Not just zaps, but purchases. \n\nI have to do an on-chain transaction to throw sats into cold-storage a few times a year, or open a new Lightning channel once or twice a year, but that's all, and I am sure I'm not alone in that. \n\nAlso, if we look at mempool history, the last couple years of sustained high volume of transactions is an anomaly. Most of the time, transaction volume is low, except during times of high price volatility. Times when people are either moving their coins onto exchanges to sell them, or scooping up cheap sats and sending them to cold-storage.\n\nThat makes me think this is just the calm before another such storm.",
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