Post
Topic
Board Bitcoin Discussion
Re: 0.0005 fees = $50 at 100k btc ... use limit
by
Dude.Lebowski
on 29/08/2017, 05:16:17 UTC
What is the solution to this for on chain transaction, I mean sure if LN gets in, but LN still does not seem to be a secure and the same as being on chain. I may misunderstand this.

However at $50 a transaction you limiting your user base, even at $2 a transaction roughly what it is now.....

Is btc destined to become basically sovereign wealth? / store of value, which I admit is a massive killer app.......?

I can kinda see Jihans arguments for BCH, though the negs are perhaps miner centralization.

various views are justified if core does not at least adopt 2X.

I think BTC is going to 100K and beyond but a fee of x hundred per online transaction carves out most users....it sorta leaves BTC vulnerable to a crypto that can do both.



I see your point. Using LN for small purchases makes sense but not being able to afford to fund LN means it might not be adopted.