Post
Topic
Board Economics
Re: BTC Security Broken?
by
Cryptohygenic
on 11/07/2024, 12:14:33 UTC
This is a well thought out thread in my opinion.

Here's the summary:

"
BTC's longterm security depends on people paying extremely high TX fees which won't happen in a free market.
"

Is there a gaping hole in this argument?

https://x.com/Justin_Bons/status/1810357305390616839

So do you find it discouraging to hold and transact with bitcoin as a course of the excessive fees?
I also do not think the high fees are results to maintain security longways as said but it is usually an index to meet with miners rewards and as a cost of market demands, transactions becomes congested for progressive transactions which as a loophole, transaction are jammed leading to more charges to solving technical factors.