fees will stay high from now on.
That's been said many times over the years and has not come true yet. We will see.
have you looked at the mempool from Jan 2023 to april 2024
look at it again.
do you realize that a 1 sat fee minimum would be 16 cents if btc is 💯 K
btc main chain is dead for small coin moves.
so LN
or ltc/doge for small value moves is what will take over.
it is simply a matter of math.
Despite the mempool, and prior to this latest increase coming into the halving, fees were around 10 sats. I don't consider that to be expensive. Buying a coffee was always unrealistic, LN is fine for that.
My local coffee shop doesn't accept Bitcoin yet but I just sit outside of it with a sign that reads "The Bitcoin tx fee is too damn high today! A little help please." and eventually someone buys my coffee.
