Oddbean new post about | logout
 As the fees creep up, people will be disincentivized to do on chain transactions… 
 Build the L2! 
 fees rise when transaction demand goes up
fees decrease when transaction demand go down

"the restaurant is too busy nobody goes there" 
 The point still stands tho. 
 True, but many non economical transactions like consolidating or moving funds to another wallet you control will not happen as often. Like someone seeing a long wait time at the restaurant and deciding it’s not worth the time.