0 sats \ 2 replies \ @handsome_latino 4 Sep 2023 \ parent \ on: Biggest Bitcoin concerns, go! bitcoin
I'm also quite worried about this too, but as a selfish human being, for practical purposes, it might not affect us so much in our lifetime (depending how old you are -- I'm already almost halfway).
My children will learn to adapt and figure it out just like we have. Everything will be alright.
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30 sats \ 1 reply \ @03393ec3a3 4 Sep 2023
All we need for problematic shenanigans is for fees to approximate subsidies for honest block production, then at that point, out of band funding or bribes set direction. If I’m not completely wrong, we could see issues in 5-9 years. Really hope I am missing some variables here.
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0 sats \ 0 replies \ @handsome_latino 5 Sep 2023
Yeah, I also agree. Last time that fees were multiple BTC per block, they already started thinking of services for transaction accelerating.
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