Low Ethereum Gas Fees Are Beneficial, But Not for Everyone

Low Ethereum Gas Fees Are Beneficial, But Not for Everyone

Vijay Marolia on Cryptonews:

Expert Insights: Low Ethereum Gas Fees Are Beneficial, But Not for Everyone
Experts say that while low Ethereum gas fees are good for users, they could pose threats such as increased spam attacks and potential centralization.
“lower demand, commensurate with lower prices for crypto as people are dealing with higher priorities (read: INFLATION).”

and

“Because of the genius of blockchain technology and the cost-effectiveness of smart contracts, I see the adoption of all things DeFi increasing over the long term.”

In short:

  1. Inflation is crimping purchasing power for many young people that want to buy crypto.
  2. Eventually, transaction fees will come.
  3. No matter what happens in the short term, blockchain technology is here to stay.