Rip VanWinkle delar sina tankar om Bitcoiniseringen, om avgifter, nycklar och transaktioner.
https://twitter.com/danieleripoll/st...73134807646640
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The brilliance of Bitcoin's design is that the rising fees also make Bitcoin more secure because miners will have a constant source of income from the fees paid by users transacting on chain long after the block reward dwindles down to zero
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The detractors falsely assume that 99% of users will only use a chain if they can maintain self-custody on layer 1. This is an absolutely ridiculous take. The only people who think this way are Innovators and Early Adopters. Mainstream users do not have the same needs and requirements. These are people who still trust the government and financial institutions. They are not even remotely concerned about taking self-custody. As I have said previously, they view self-custody as more of a liability than a benefit. In this context, using a layer 2 protocol like Lightning or a layer 3 like Fedimint makes perfect sense. They will not view these solutions as a trade-off, but rather, a convenience.
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Layer 1 will be used by whales, governments and institutions. The fees won't seem high to them because the average transaction size will be in the millions of dollars in the same way that the average FedWire transaction is north of $5m USD
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Layer 2 will be used by plebs, many of whom will use custodial solutions. Think of most companies who integrate Lightning. They cannot easily use Lightning in a self-custodial manner for many reasons, not the least of which is regulatory compliance. They will use enterprise level custodial solutions and will zap sats to employees who will also be using custodial solution
