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Does this suggest that transaction demand severely lags the inventor's assumptions when building the coin parameters?
by gowld 7y ago
Does this suggest that transaction demand severely lags the inventor's assumptions when building the coin parameters?
- sp332 7y agoI don't think so, after all there was a soft-fork (SegWit) and a few hard-forks (Bitcoin Classic most famously) just to address the high volume of transactions. I think the creator did not anticipate bitcoins becoming so valuable. The high value means that people are only willing to pay small fractions of the block reward as fees, because that's worth a lot of money.