transaction fees for high sums are definitely cheaper
^
is like saying: "it seems high fee's are ok because the rich dont mind them"
that there is the mindset of excusing the issue because it favours the rich of developed countries.
think about the 5 billion people NOT in the rich/developed countries
then you might understand.
though i personally am a white brit. i can see the impact fe's have on multiple countries because i actually went and visited countries. when thinking of decentralisation its best to think about others. not just a typical rich wall street american
imagine a country where 25cents/pence was 5 hours labour for a dozen countries
saying 25cents is acceptable is ruling out the desires of a dozen countries
saying $1 is cheap is ruling out several dozen countries desires
if the rich want to pay more because its still cheaper than other methods. then they should pay more
EG bring back a fee priority mechanism
fee =
total sats=(bytes + (total input value/1000))*(144 - confirms of inputs)
this formula would make it so that
1. if someone was to spam the network everyblock(1confirm resend) they pay 143 times more than someone that only spends once a day.
2. those that send more, pay more.. they can all afford 0.1%
3. if someone had a bloated tx of 2.5kb vs someone with only 250bytes the bloater pays 10x more for the 10x space they consume
