<oembed><type>rich</type><version>1.0</version><title>Jackk wrote</title><author_name>Jackk (npub183…faslh)</author_name><author_url>https://nostr.now/npub18384z4sjgdfy7vr76thzwtru7jncysz0hcapwesxqsak44p8aemsyfaslh</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>Bitcoin conserves demand for blockspace. Demand for blockspace can only be paid in sats by individuals up front or paid in bits as a tax on all nodes that must be paid in perpetuity as a forever maintenance cost in time. Pick one. Low time preference is to pay in sats rather than bits. No free lunch.&#xA;&#xA;Do you care about nodes or not?&#xA;&#xA;If lightning can’t survive by paying the true cost of the bits it produces and needs a subsidy tax on nodes, then it was never a valuable trade off to make. You’ll never know the true cost if you manipulate the market through arbitrary discounting and blocksize increase.&#xA;&#xA;Lightning won’t die by restoring sound economics to the chain. Crazy that we have to even have a debate on whether market manipulation in bitcoins blockspace economics is a good thing or not…..</html></oembed>