Part 3/19:
One participant expressed skepticism about the assumption that everyday users or businesses would be willing to pay persistently high fees, noting that historically, Bitcoin users tend to develop methods to reduce costs or avoid high fees, especially once memetic or inscribed transactions decline. The consensus was that fees should be “expensive to memorialize your transaction,” but the expectation that revenue from fees alone would sustain miners is flawed because miners are inherently incentivized to minimize costs and pay the least possible fees—especially with Layer 2 solutions like Lightning seeking to settle less frequently on-chain.