@fatboyj past performance is not a good measure of future...

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    @fatboyj past performance is not a good measure of future performance.
    BTC has become a ponzi.
    It cannot scale on the base layer, it therefore cannot accommodate huge transaction volumes.
    Miners mine Bitcoin in return for a reward, this is a combination of a subsidy (issuance of new bitcoin within 21 million cap) and transaction fees. Approximately every 4 years the subsidy is halved, so the reward for miners has to increasingly come from transaction fees.
    Because BTC is artificially limited to 7tx/second, transaction fees will have to increase, the fees will make most transactions uneconomic, adoption will stop, transaction volumes will fall even further, putting more pressure on higher fees, until miners cannot get paid. If miners can't get a return they stop mining, without mining all BTC holdings get frozen, they cannot be moved.
    Lightning is not the solution, lightning if it ever worked, takes transactions away from the base layer, so makes this inevitable situation for miners worse.
    As I said, bitcoin needs to scale on the base layer, where transaction volumes are increasing over time with bigger blocks so the fee per transaction can be lowered, this facilitates even greater adoption.
    There's just one catch, a bitcoin version that scales on the base layer does not experience "number go up" in the same way the handicapped BTC does, since each bitcoin can do more (not eaten away by fees) and each bitcoin can be split into 100 million satoshis there is less demand for bitcoin, so less price rise, but it's more useful.
 
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