Post
Topic
Board Bitcoin Discussion
Re: On Ordinals: Where do you stand?
by
franky1
on 08/05/2023, 15:46:35 UTC
Also how about sheer financial incentive? Right now there are blocks being mined with fee rewards per block that are higher than the 6.25 fixed block reward. While I doubt it's sustainable long-term

those fee's are not really from that many independent individuals . they are the same groups as the mining pool managers. basically making high fee's to pay themselves back.. thus not much loss is incurred when producing high fee transactions becasue they are the sender and receiver of fee's

as for trying to say people will use L2
moat subnetworks are stagnant. no ones using them for real world stuff its just businesses locking up their reserves and sitting on the numbers to make it look popular

heck even ethereum does not have much of an active community with its subnetworks, if it did then the market rate of CEX would be independant as they would have their own price discovery. however they shadow trace the ups and downs of bitcoin meaning they dont have their own price discovery/values/features sentiment

i know isiots want everyone to abandon bitcoin and use weak subnets. but thats just the greedy businesses
they want people to have to pay channel fee's and routing fee's because businesses cant make money out of p2p bitcoin transactions so they want to stop p2p bitcoin payments and force everyone to hate bitcoin and move onto these subnetworks that charge fee's by requiring these middlemen businesses as hops/route managers