Ari Paul Crypto Entrepreneur and managing partner at BlockTower Capital, started by saying on Twitter:
I'm looking forward to paying $100 for an on-chain Bitcoin transaction in 2025. That will mean it's wildly successful as a settlement layer.
This transaction fee would still be cheaper than the current international settlement infrastructure, given its expense and cumbersomeness, the cost of traditional systems is much higher than $100, and is mainly driven by massive bureaucracy. The crypto leading expert, Tuur Demeester answered this in a Tweet by saying:
I look forward to $1,000. An average LBMA physical gold transaction is worth $7 million, it's conceivable for on-chain TX moving that way.
What do you think of those fees, and will this make you think about switching to another Cryptocurrency? Please answer in the comments down below.
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@thecryptogirl