You didn't explain the opportunity cost to the miner tho.
Why do you a favor? If average fees go up to 200s/vB then you may have to pay more than the sats are worth. Yes youll make out over time as NGU, but youd make more sats if you just bought straight sats.
Im probably confused.
Nope, you are right on. The problem with my argument is that it will only make sense if you can't buy sats at market rate.
I hadn't thought if this when I wrote it out.
reply