...good analysis...
The bottom line is that for XMR we need to keep fees at a minimum to cover actual costs, in order to maximize the value of the currency not the other way around.
Good analysis.
I did not say that high fees increase the value of money. I mean that it is possible to live with them, because everything considered, the fees are typically a minor percentage of the transaction costs.
- In corporate context, the policies and red tape are so high that every transaction costs up to $60 (accounting etc dept costs divided by # of transactions per year).
- In retail, we are still talking about several dollars.
- Even in grocery stores, each customer costs about $1 at least to check out.
- Only in automated internet transactions (not even really possible until crypto*), it matters whether the price is $0.01 or $0.1 per transaction.
ADD:
*or even then without subsidized transaction fees, given current implementations