4min chapter

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#1165 Dylan LeClair On Bitcoin, Nostr, Ordinals, Regulation, & The Fed

The Pomp Podcast

CHAPTER

Is There a Future for Bitcoin?

There's going to be an equilibrium for fees in the future. I think that it's valuable enough. It's already won the censorship game. So people will pay to use Bitcoin. If there's not enough fees, miners will stop mining. An equilibrium will be found. Now there's an additional driver for block space demand. You know, that changes the equilibrium, but it doesn't really change the fundamental kind of truth of Bitcoin as this open public thing that anybody can utilize. That's exciting. But like, fundamentally, this system is just does what it does. And it just continues almost recovering Twitter conversation more than you do the actual blockchain.

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