Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitserve
on 20/09/2020, 23:02:18 UTC
**LOTTA CAPSTYPINGS***
Happy Saturday!

Just to be clear, you seem to be stating that a future where transaction fees being $100, $1000 or even more per on-chain tx is a distinct possibility?

That as a possibility is implicit in my thoughts, I'd say, yes.  

OK, so here's the relevant followup question. When average tx fees are $1000, what is the typical profile of a person willing to run a non-mining validator? Let's start simple on this - how many tx per year might the average such person make?

1? or even 0? average person will fully transact on L2+

Hmmm, while I am a full fan of L2+ for day to day transactions the idea of $1000 fees for transacting on-chain is somewhat hard to digest though. What kind of marketcap are we considering for this scenario? What level of adoption?

On an unrelated note: Congrats @AlcoHoDL!