[zeroclip]

Parent is a Bitcoin maximalist, just to be mindful.

Currently it's about $0.85 USD to send ETH or $2.50 USD to send ERC20[1]. Most people will suggest not using a L1 as a payment system, but instead something application-specific like a rollup or state channel. In Ethereum those will be in the range of 5 - 20 cents per transaction[2], and may be much lower after EIP-4844[3].

Other non-Ethereum blockchains and L2s have similar range of low fees.

[1] https://etherscan.io/gastracker

[2] https://l2fees.info/

[3] https://www.eip4844.com/

[djschnei]

I made characteristic claims about a solution I see fit for the OP problem statement.

When he asked if I was talking about ETH, I told them I wasn't.

You're hijacking a thread to push your form of maximalism.

Would you like to discuss the differences between ETH/Altcoins and Bitcoin/Lightning? Or would you rather just label me a maximalist to dismiss the claim?

[zeroclip]

Sorry but the statement "Not 'crypto' which is by and large a scam" is a common statement from Bitcoin maximalists who refuse to engage with the rest of the crypto currency system. "Crypto" is a broad umbrella and Bitcoin exists underneath it.

[djschnei]

I do believe 99% of crypto projects vastly misrepresent their risks, their control/influence structures, and their intent. I do believe 99% of crypto projects are clever ways to hop on a hype train to farm dollars from retail. I do believe Bitcoin is different. Bitcoin is a cryptocurrency -- 'crypto' is colloquial term to specify an industry.