Luke Broyles on Nostr: I think it is already unusable for the average person. Think about it, a two dollar ...
I think it is already unusable for the average person. Think about it, a two dollar fee is unattainable and impractical for well over half the world population.
In the future, I expect transaction fees to only trend up and take a larger portion, and it will only become more unattainable for people.
I think we are in the rare era work individual people actually use the layer one, in the future I think the vast majority will be layer two and only nations and mega corporations use layer one.
Joe’s article is really good however I have not read it recently
Published at
2023-03-08 18:44:00Event JSON
{
"id": "2758fb1db16675c182bc2cbebb05f6c21057786c22569835fb5926de1ccac2d4",
"pubkey": "0b8512d0b3084e360d6d262287a94d150b5b7c2f050665820ed4503be687ecef",
"created_at": 1678301040,
"kind": 1,
"tags": [
[
"e",
"fee3b07be68f2d8e22c657dd1e380184d5612b220db77fefe06f9da75fef5c4f"
],
[
"e",
"79e5ff7864c64cac7287d55754308d10fbc0ee622e9d5111a85abbd0f46600f6"
],
[
"p",
"66a6143a52de8cba0844849db4091074067f9045d7f98255c8221bc6f1bdf428"
]
],
"content": "I think it is already unusable for the average person. Think about it, a two dollar fee is unattainable and impractical for well over half the world population.\n\nIn the future, I expect transaction fees to only trend up and take a larger portion, and it will only become more unattainable for people.\n\nI think we are in the rare era work individual people actually use the layer one, in the future I think the vast majority will be layer two and only nations and mega corporations use layer one.\n\nJoe’s article is really good however I have not read it recently",
"sig": "ff99d792bd23efa9512f764c89bdaa9307c0e8910fb639c051c5beedb0dfc6379015a19b02c9b5c33afbf3760c03271afd68cc48e92423b40735838e07193c77"
}