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0 sats \ 0 replies \ @LibertasBR 4 Jun \ parent \ on: Are we thinking about MoE all wrong? bitcoin
I just read your comment to Undisciplined. I get what you meant, but I think the reason we see things this way is because we're not fully hyperbitcoinized yet. Fees are still low due to low demand and the current incentive to use the Lightning Network, for example. As mentioned here on SN before, LN won’t always be a low-cost network once it becomes the main layer for everyday transactions.
On the other hand, looking at it from your perspective, the costs we deal with today are inflated due to the massive number of intermediaries involved in every transaction. Even if LN fees rise, they’ll likely still be far below the costs we currently face in the fiat system.
Sorry if I misunderstood the concept you were conveying in your post.