bch has adjustable blocks like monero which i think is a way better model for onchain fees since bitcoin was always supposed to bee about millions of people using it as p2p cash and fees eventually replacing the diminishing block reward, and in monero's case we have a tail emission so miners arent even dependent on fees, and also helps with velocity of money as opposed to a finite 21 million which encourages hoarding and discourages uses as p2p cash, basically nobody really uses btc, and custodial zaps of 21 sats don't count. The only time bitcoin ever ssees any meanigful onchain use is with things like ordinals when the throttled epstein developers refuse to increase blocksize with demand like satoshi instructed. the wet dream bitcoiners haave that somehow nation states will use btc for settlement and pay hundreds of thousands of dollars for a transaction is completely retarded. anything producing L1 fees for miners should be prioritized in everyway before they decidde attacking the chain is more profitable or just abaandon btc and pivot to ai. it's a permissionless netwoprk, being a faggot about how people try to permissionlessly use it is gay and retarded.
Login to reply
Replies (2)
why would a nation state use btc for a traceable immutable record of their tx and pay like 200k usd to do so? they could just use xmr be private and pay pennies
I'm from btc world but I'm looking at bch now. Seems like all upgrades thus far, and they're already thinking about the end-game in terms of funding the miners through transaction fees. But even bch still has a long way to go in terms of scaling. A layer 2 might actually be necessary to handle the endless, constant transactions made by programs and agents.