This is the chart of Bitcoin's Avg. Transaction fee: https://bitinfocharts.com/comparison/bitcoin-transactionfees.html
Right now the median fee is about $2. After lots of halvings the reward won't be enough to satisfy the miners. I guess that after a decade, bitcoin will be more widespread, as a result, more transactions will occur every second. Won't this increase the median fee? If it does, bitcoin will start being a not-so medium of exchange. Imagine paying $5 for a transaction. Even paypal doesn't charge that much.
Right now the median fee is about $2. After lots of halvings the reward won't be enough to satisfy the miners. I guess that after a decade, bitcoin will be more widespread, as a result, more transactions will occur every second. Won't this increase the median fee? If it does, bitcoin will start being a not-so medium of exchange. Imagine paying $5 for a transaction. Even paypal doesn't charge that much.
Blockstream (working for bankers), purposely capped bitcoin blocksize to cause onchain transaction prices to increase as bitcoin usage increases. This would force people into using LN (Bankers 2.0 Trap).
In the Future only Banks or the elite rich will be able to afford onchain transactions.
Minimum Transaction fee will be $1000 and higher.
Everyone else will buy LN notes directly from the banks and exchange LN notes back to the back,
normal people will never access onchain bitcoin, and the bankers will charge middlemen fees for every transaction getting richer while the poor continue to be enslaved. Be sure to email GMax/Blockstream a big thank you for making sure your grandchildren are still slaves to bankers.
