The Double Edged Sword of High Fees

I think most most Bitcoiners see a future for Bitcoin where you use networks, like the Lightning network to allow peer to peer trading as a currency. And in that future, everybody's using these L2s like Lightning. Nobody really cares that much about the transaction fees on L1. So in that way, we can drive the fees up on L1 and that's okay. I just think the reality is it's a great dream to have, right? But if we can 100x or even like right now, we're 10x from where ordinals from before ordinals to now that 10x and fees is very valuable to those miners. To me, it's like the higher

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app