Quote (TheHitman @ Aug 8 2021 03:11pm)
I missed a thing on eth then what changed making it not unlimited? On gold your right, its a balance between supply and demand just like other commodities, you could always find more gold to mine and so on but I agree that doubling it for eternity isn't possible.
On the BTC fee it's a very special situation I'm not sure if you are aware of the China ban on Bitcoin miners but that's the big reason it's expensive rn, much less hash rate on the chain. There is also the lightning network, it's a second layer Bitcoin settlement, the president of el Salvador made it accessible for everyone, we could say that there is zero fee related to it. Multiple countries are exploring the same path. Jack mallers did an interview with Preston pysh, jack is the guy behind strike (the app used in El Salvador for settlement) this is a very interesting podcast you should def listen to it
Yeah I know about China ofc. I still don't know how fees, hashrate/mining etc. interact with each other tbh. I'm only into this business since 4 months, I paid my eth's like 1900/piece
I'd love to know a place where you can put yur xrp on a fund. even with only 2% per month I'd be happy
its good that they make updates for faster transactions/less fees, I'm just afraid the regulation will come faster than those