So what’s the point of even holding ADA (other than governance) if there are no transaction fees for transferring native tokens on Cardano?
Can’t every token that’s currently on another network just issue a version that’s native to the Cardano ecosystem and then start using the network for free and clog up all of the resources without contributing anything back?
The whole point of gas fees is to constrain resource usage on the network – doesn’t this lack of transaction fees drastically reduce one of the central drivers of demand for ADA while increasing the demand to use the network?
Unless Cardano wants to be a charity and somehow subsidize everybody in the world who wants to run a dApp on the network, all of this seems very backward.
What motivation do dApp creators have to acquire ADA now, other than governance?