Fee amount is small this time. But, imagine the situation when only fee will be the main source of income for miners then fee will be hiked too much.
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Fee amount is small this time. But, imagine the situation when only fee will be the main source of income for miners then fee will be hiked too much.
You understand that Bitcoin layer 1 can be treated as final settlement, right? You can have a lot more transactions going on in higher layers without the mining and send them to layer 1 when settlement is necessary. There is competition in leasing on Bitcoin lightning network which helps keep the price down. When the last Bitcoin is mined it can still remain that way as miners are only hashing to validate transactions.
It's complicate for me to understand. Btw thanks!