📅 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
Thomas Zander [ARCHIVE] /
npub1du…vyg93
2023-06-07 15:44:01
in reply to nevent1q…m6s4
Author Public Key
npub1du3xh5wgds32a5fweqkd9k45kh30wl7kv2kyu8ugz9c2ztdg00tqqvyg93Published at
2023-06-07 15:44:01Event JSON
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"content": "📅 Original date posted:2015-07-30\n📝 Original message:On Thursday 30. July 2015 11.38.00 Jorge Timón via bitcoin-dev wrote:\n\u003e It is important ro note that even if lightning was never developed, the\n\u003e block size remains at 1 MB forever and fees rise to 10 usd per transaction,\n\u003e such \"high fees\" are still extremely competitive with non-decentralized\n\u003e payment systems that have proportional fees.\n\n\nWhat makes you think that when there is such a low availability of transaction \nspace that paying to be included costs you $10, that Bitcoin is not going to \nbe outcompeted and replaced or otherwise regarded as worthless?\n-- \nThomas Zander",
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