If BTC tx fees are going to be $1000 (as TuurD looks forward to), but opening a lightning channel means performing an on chain tx, does that mean BTC will have a $1k barrier to entry?

Also, even if tx fees were 0 how many years would it take to onboard 1/4 of the world with 1mb blocksize?

Btc - as a viable cryptocurrency - is less believable than Scientology, so why do so many smart people not see this?

Edit: I can’t even believe what I’ve written, can someone confirm that what I have said is correct? This can’t be their solution

submitted by /u/BenIntrepid
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source https://www.reddit.com/r/btc/comments/9rvnr9/if_btc_tx_fees_are_going_to_be_1000_as_tuurd/