How is removing the option to set op_return limit “protecting their investment”?
Also
If you are using Bitcoin for savings that means you are using it as money, exchanging value to yourself in future.
“Use it as money”
Is not an argument. Who are you to tell someone else what they do with their money?
Driving fee demand on base chain is ridiculous, people should not be exchanging tiny 20,000 sat UTXOs on base chain for daily purchases. They will use Lightning, side chains, ecash solutions.
Btw
3 million satoshi block reward is $300,000 when Bitcoin price is $10M ($210T market cap)
Last few blocks paid that same amount in fiat.
(Assume human-advancement future where electricity cost continues to be deflationary keeping up with fiat debasement)
0.03 in 20-30 years should buy you similar amounts of electricity that 3.125 btc does today.
nicnym
npub1jr…lpnqf
2025-05-02 01:09:51
in reply to nevent1q…3qgs
Author Public Key
npub1jr4jqdjwag3uxg9h2prkkdnh9df530efvrgddw55zgu62ak2x9gqylpnqfPublished at
2025-05-02 01:09:51Event JSON
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"content": "How is removing the option to set op_return limit “protecting their investment”? \n\nAlso\n\nIf you are using Bitcoin for savings that means you are using it as money, exchanging value to yourself in future. \n\n“Use it as money”\nIs not an argument. Who are you to tell someone else what they do with their money? \n\nDriving fee demand on base chain is ridiculous, people should not be exchanging tiny 20,000 sat UTXOs on base chain for daily purchases. They will use Lightning, side chains, ecash solutions. \n\nBtw\n\n3 million satoshi block reward is $300,000 when Bitcoin price is $10M ($210T market cap)\n\nLast few blocks paid that same amount in fiat. \n\n(Assume human-advancement future where electricity cost continues to be deflationary keeping up with fiat debasement) \n\n0.03 in 20-30 years should buy you similar amounts of electricity that 3.125 btc does today. ",
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