I basically agree with in the point, that higher transaction fees won’t work in Africa.
Questions asking to myself:
Does anybody know if Cardanos transaction fees are still 0,18 ADA when the price of Ada is for example up to 20 $?
I mean 50 cents today still sounds okay but 3,60 $
This doesn’t sound like a big difference. But in Malawi or Madagascar for example this is a huge difference and could bring ADA in future to stagnation.
Why would people start building and programming on ADA if this is the case?
This was troubling me.
But at least if you stake, you get rewarded, too. And the network can vote for lower fees in future. Who is allowed to vote and who got the most power… this is uncertain yet.
So it’s kind of a choice on which site you want to be. In the end:
I’ll call ADA more an asset than a currency.
How the future looks like? I think it’s depends on every single individual dealing with ADA.