Current gas fees: ~0.02 eth
Gas fees at $10000: 0.02 eth x $10000 = $200
Gas fees at $4000: 0.02 eth x $4000 = $80
Gas fees at $100: 0.02 eth x $100 = $2
What is the logic in making eth deflationary and increasing its price if it disincentives actual usage? I understand from a POS point of view that it makes it more expensive to attack the network, but that could be remedied by requiring more ETH to stake.
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