[Jasper_]

A lot of this is ideological difference, which is to be expected, but let's take one concrete thing we can check here:

> The transaction fee on the Bitcoin network is definitely not hundreds or thousands of dollars. Look up any fee estimator and the exchange rate.

From the chart you posted, the current fee is roughly 2 BTC, which maps to $54,000. So that's thousands of dollars. When the video was published in January 21, 2022, the transaction fee was about the same, but 2 BTC cost about $70,000. So that's thousands of dollars.

At its peak in April 2021, the transaction fee was ~60BTC, with a BTC selling for $60,000. So that's 60BTC * $60,000 = $3.6 million. So I guess Dan was wrong. Transaction fees on popular chains can range into the millions of dollars.

[everfree]

Bitcoin network fees have never been $54,000, let alone $3.6 million. The most they've ever been is two, maybe three figures. You must be reading the chart wrong.

[tracedddd]

The Y axis is dollars, not BTC.