[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  The Kaspa Onion [@thekaspaonion](/creator/twitter/thekaspaonion) on x 1425 followers Created: 2025-07-20 07:25:30 UTC Bitcoin doesn’t have low fees because it scales. It has low fees because people aren’t using it. Why? Because even if Bitcoin had zero on-chain fees, there’s still friction outside of the protocol: Exchange spreads Conversion fees (Coinbase, Cash App, etc.) Fiat on- and off-ramps Custodial debit cards Tax implications Volatility risk These external costs act as a natural throttle on Bitcoin’s usage. So ironically, Bitcoin’s lack of usage has preserved the base chain. But not because it’s efficient. Because it’s hard to use. --- Now flip the script: When real demand does show up — like during a bull market — people bite the bullet, and the base chain congests instantly. Fees spike. Finality slows. The system creaks. This is what im realizing: We only see the scalability problem when Bitcoin actually gets used. So we lull ourselves into thinking the system is fine, because it sits idle most of the time. XXX engagements  **Related Topics** [volatility](/topic/volatility) [tax bracket](/topic/tax-bracket) [fiat](/topic/fiat) [protocol](/topic/protocol) [onchain](/topic/onchain) [kaspa](/topic/kaspa) [coins layer 1](/topic/coins-layer-1) [coins pow](/topic/coins-pow) [Post Link](https://x.com/thekaspaonion/status/1946833831681777829)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
The Kaspa Onion @thekaspaonion on x 1425 followers
Created: 2025-07-20 07:25:30 UTC
Bitcoin doesn’t have low fees because it scales. It has low fees because people aren’t using it.
Why? Because even if Bitcoin had zero on-chain fees, there’s still friction outside of the protocol:
Exchange spreads
Conversion fees (Coinbase, Cash App, etc.)
Fiat on- and off-ramps
Custodial debit cards
Tax implications
Volatility risk
These external costs act as a natural throttle on Bitcoin’s usage.
So ironically, Bitcoin’s lack of usage has preserved the base chain. But not because it’s efficient. Because it’s hard to use.
Now flip the script: When real demand does show up — like during a bull market — people bite the bullet, and the base chain congests instantly.
Fees spike. Finality slows. The system creaks.
This is what im realizing: We only see the scalability problem when Bitcoin actually gets used. So we lull ourselves into thinking the system is fine, because it sits idle most of the time.
XXX engagements
Related Topics volatility tax bracket fiat protocol onchain kaspa coins layer 1 coins pow
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