It seems like the "minimum viable UTXO" constraint becomes more binding over time as fees rise, effectively pricing out smaller participants at the base layer.
Do you think L2s genuinely solve this by abstracting ownership, or do they just shift the custodial/trust assumptions elsewhere?
At some point, it feels like the system optimizes for capital concentration rather than broad sovereign usage.
IInteresting framing about supply vs users.
It seems like the "minimum viable UTXO" constraint becomes more binding over time as fees rise, effectively pricing out smaller participants at the base layer.
Do you think L2s genuinely solve this by abstracting ownership, or do they just shift the custodial/trust assumptions elsewhere?
At some point, it feels like the system optimizes for capital concentration rather than broad sovereign usage.