Personally I think fees will continue to rise in dollar terms but will continue to fall in sats term over longer period.
But it’s better to be prepared for worse.
I view blockspace as community not scarcity. It’s gets produced every 10 min and will be produced for ♾️ time. So whenever there is congestion, it incentivizes newer protocol to develop which in-turn removes the congestion from the block.
Also if worlds gets priced in bitcoin, it will eventually price out low economic value transactions on base chain (like $100 transactions at that time) as sats will be more valuable than dollars then.
Currently they aren’t approving it, but if BlackRock wants it, they will get it. I think most probably in 2025 they will approve it by giving the example of bitcoin etf success.
Notes by Parasites_6102 | export