And you think things like transaction fees and load capacity have zero effect on that? That price just magically always increases in a 45 degree line? You're trying to apply Metcalfe's law to something that's already virtually topped out in terms of load capacity. I mean, Hall Finney already said bitcoin is useless except as a settlement network years ago. For something like Metcalfe's law to apply when it's a settlement layer, it means govts would have to adopt the thing as the world reserve currency, otherwise it's not exactly having any interaction at all with most of the world's inhabitants.
The transaction volume layer doesnt need to be on the Bitcoin blockchain nor necessarily even offchain! And yes Bitcoin will be the NWO reserve currency as designed by the Zionists who control it.
Youre going to miss out on $1 million per BTC in 2026 with your silly tinfoil hat precious metals delusion.Those mumbling at TMSR (trilema.com) represent millions of BTC.
It actually doesnt matter who is running their client now. What matters is that millions of BTC believes Bitcoin has no value if it can be mutated, because the smart people understand that Bitcoin is more valuable as a reserve currency of the wealthy, because the wealthy matter and the masses (sheep to be harvested) do not (in a paradigm that is not decentralized,
which proof-of-work can never be!). That is just economics. Even Trump understands it:
Most importantly, a big tax cut (from 35% to 20%) is planned for the corporations which will make the U.S. society richer, especially in the long run. Companies are the places that can use extra cash most effectively partially as an investment allocated by some of America's best managers which is why the lowering of their taxes is the best investment for the whole. Everyone who fails to get this simple point of trickle-down or supply side economics is just an economics (and history) crackpot. Try to cover it by your left-wing beliefs or anything else but it's actually crackpottery that is behind it.
However, the
bigger fish eat the little fish paradigm
doesnt scale to only one big fish that ate everything (this is why the Zionists ultimately fail), i.e. even though wealth is power-law distributed, still 50% remains with the minnows (but they cant organize themselves politically and thus precisely why we need true decentralization). Thus I still continue working on my altcoin protocol.
I will need to study the technological security of those instant offchain cross chain swaps. I expect to find security weakness of the sort of game theory attacks I mentioned about Mt. Box settlement spikes on chain. In any case, any altcoin which enables Lightning Network (LN) is going to subject to the threat of volume spikes due to Mt. Box. If an altcoin is not threatened by that (because it can handle nearly any volume such as the design I am working on), then it doesnt need LN any way!
Yes altcoins can already do transactions much cheaper than Bitcoin and that doesnt matter. Bitcoins transaction volume demand will always continue to increase because BTC is the reserve currency of crypto and so everyone wants to bank their profits in their unit-of-account which is BTC.
Bitcoins transaction market share will drop precipitously, but its share of the economic pie of crypto will remain very significant and grow because of the reason I stated. BTC miners/whales do not care about transaction volume, they care about value of the transactions and thus the amount of fees that those whose transacts fit within 1MB block size can afford to pay. For example, when every BTC transaction is $10 million, then a $5000 fee per transaction will not be a problem.