This is a well thought out thread in my opinion.
Here's the summary:
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BTC's longterm security depends on people paying extremely high TX fees which won't happen in a free market.
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Is there a gaping hole in this argument?
https://x.com/Justin_Bons/status/1810357305390616839So 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.