this fear has been around pretty much forever
And is a silly fear IMO.
Max number of transactions per year is basically fixed. There's no space for everyone to transact onchain.
When/if bitcoin will be used as money, transacted onchain, users will fight (in fee price) to assure themselves a certain number of transactions per year or space per block.
If you are a State, a Central Bank, a huge Fund and you have lot of your purchasing power in an asset, gou want to be sure you can move and transact it without anyone blocking you to.
There are so many reasons people will want to pay higher fees to have their transaction in a block, and the more there will be the more they'll have to pay.
Max number of transactions per year is basically fixed. There's no space for everyone to transact onchain.
When/if bitcoin will be used as money, transacted onchain, users will fight (in fee price) to assure themselves a certain number of transactions per year or space per block.
If you are a State, a Central Bank, a huge Fund and you have lot of your purchasing power in an asset, gou want to be sure you can move and transact it without anyone blocking you to.
There are so many reasons people will want to pay higher fees to have their transaction in a block, and the more there will be the more they'll have to pay.
