Even without Ordinals, at some point in the future, we will have people transacting millions of dollars whereby paying $20 fees to have a final settlement of 10M on the most secured blockchain on the planet earth is considered dirt cheap, where the plebs like us who want to send $200 worth of BTC find it stupid to pay 10% in fees.
I would have no problem with the first example, but the second one isn't good enough. People in some countries would be happy if they earned $200 in a full month of work, and paying $20 in fees would be a small fortune for them. Unacceptable, unless the future of Bitcoin is to be used by the rich and those in the Western nations.[/quote]
I agree with this (as well as everything else you posted here about this subject).
One thing I don't understand: why do fees jump from say 200 to say 300, and not to 201? Is this still the default of many wallets? You can be ahead of the rest with just 1 sat/vbyte, and by making 100 sat jumps, everyone else has to do the same thing and still none of the transactions get confirmed any faster.
You see, the primary demographic of BRC20 tokens are not particularly apart users (or else they wouldn't be using this on Bitcoin in the first place) and tend to only count in big, easy numbers. But it's pretty irrelevant and recalling third-grade math would not have prevented the mempool backlog.