In the short term segwit should provide enough blockspace so there is minimal fee pressure.
but i agree if bitcoin isn't kept frictionless, if the plan is high fees and complex LN, poeple will gravitate to altcoins.
How can there be high fees if segwit doubles the block size that took 6 yrs to fill.
(i dont want high fees, just saying, all this bs by some about todays/tomorrows fees market is needed and wanted and structured)
The maximum size of a block (with segwit) becomes just under 4 MB.
Adam, in your quote it says "(such as 2/4/8 rescaled to respect segwit's increase)."
If segwit is 4 mb, there will be no need/network capacity for block increase will there, if we respect segwit's increase?
(if core supporters REALLY dont want 1.1 mb now, to tide us over, why would they want to increase on 4mb next year?)
Fees seem big but if I remember correctly they were higher back a couple of years ago, gonna go look at blockchain stats and edit it in if I find it.
edit: Ok looking at all time chart of transaction fees it seems we aren't paying that much compared to 2013 transactions. Check it: