I’m listening to Saifedean’s *Fiat Standard* lectures on the *Bitcoin Standard* podcast and keep coming back to one unresolved question.
1. He stresses that everyone should run their own node; node operators keep the network decentralised—“don’t trust, verify”—and I agree. Today this still works, because ordinary people regularly transact on-chain.
2. He also argues against raising the block-size limit, since larger blocks make full-node hosting more expensive. Most day-to-day traffic, he says, will eventually move to Layer-2 or Layer-3 solutions, leaving the base chain for occasional settlement.
My problem: if the bitcoin price rises 100×, on-chain fees climb with it, and only banks (or similarly large entities) ever write transactions to the base layer, what incentive remains for everyday users to keep running nodes? Should we still expect ordinary people to verify the chain when they themselves will “never” use it directly?
#asknostr #btc #bitcoinstandard
