Quote from: BlackHatCoiner on June 20, 2023, 06:08:13 PM

That is the law of demand and supply of block capacity directly speaking.

And the same law will speak wonders when you're going to have to pay miners to keep mining when there will be only fees.
You pay 2000$ in fees per block you're going to have a 2000$ security!

Quote from: BlackHatCoiner on June 20, 2023, 06:08:13 PM

The issue lies in the notion of breaking backwards compatibility to enjoy some short-term relaxation,

Short-term, lol!
You realize that things will only get only worse from here, right?
You will either have more demand and higher fees, or you will have lower fees cause nobody is interested in using it anymore.

Quote from: BlackHatCoiner on June 20, 2023, 06:08:13 PM

By the way, I see you keep mentioning global adoption. You do know it can't work without second layers unless the chain weights a VISA data center, right?

And you know that in order for every American to open a channel on the second layer you will need everyone to stop making a tx for the next three years at the current capacity? Let's go global and assume everyone will also want to close a channel in their lifetime and the queue will be over by...the time almost everyone that right now types on this forum will be dead!

Quote from: larry_vw_1955 on June 20, 2023, 11:25:32 PM

well, that all depends on how fast technology progresses in the areas of storage sizes of SSDs/HDDs and how powerful CPUs get. And how fast internet connection speeds can get. Even with all of that new tech, if prices stay high and keep them out of reach of normal people I mean who is going to pay $700 to get a 30TB HDD? just so they can store the blockchain?

Quote

2009.08 NewEgg.com Hitachi 1TB 7,200 rpm, 16MB 3.5 SATA-2 87.99 0.0000880US$/MB
2023.17 NewEgg.com Seagate 8TB, 7200rpm, 256MB 3.5 SATA-3 114.99 0.0000144US$/MB

Prices have gone down 6 times since the first block, also, there were no consumer ssd at that time.
Not counting inflation $90 then was not considered a problem why should $115 be now?