I would be interested to understand the benefit and reasoning behind why someone creating a business on this network would want the cost to go to $5 @1350
Post by twetch#774
Here’s a current business telling you what would happen to their service if price was $5.-
twetch#774 6.8y
What the chain says
- Block
- 613 671
- Time
- 2019-12-18T17:51:19Z
- Signer
- 1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ
- App
- twetch
- Type
- reply
- Content type
- text/plain
- Name in tx
- twetch#774
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ VerifiedReplies (1)
I saw that and makes sense. However that also brings in the effect that a miner would still have to be in business to mine that block. If you are creating a business right now based on transaction fees $5 your income drops 95%, not sustainable.