At 7 TPS, the only way fees can replace block subsidies is if they cost thousands of dollars per transaction. That prices out normal people and hands the L1 directly to the banking cartels you claim t...
Honestly, capped supply could work & it's also a great marketing... But with 7TPS & no plans to make that bigger? No way man... That's insane. Plan is clearly to make an actual digital gold, that only big actors can old onchain, and to rebuild the banks on top of it the way it always has been. I mean, the smart guys calling the shot can all do the math & figure out were it leads right?
This leaves a lot of room for Monero to grow, as the currency of the people. It's true that we'll have to pay for our security (~0.5%/year), but at least we'll have self custody. ✊
Btw, something else people miss: what we pay for holding, we won't pay it for transacting. Cause that's the other thing right, most people do both and have to pay for the security anyway. 😅
This leaves a lot of room for Monero to grow, as the currency of the people. It's true that we'll have to pay for our security (~0.5%/year), but at least we'll have self custody. ✊
Btw, something else people miss: what we pay for holding, we won't pay it for transacting. Cause that's the other thing right, most people do both and have to pay for the security anyway. 😅
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