What if gas fees never go down?

I’ve had an epiphany about this. What if the high gas fees never go down, and it’s all okay because we are witnessing the “fat protocol theory” at work. The fat protocol theory is that the value will naturally flow to the base crypto that other layer cryptocurrencies, and projects like NFT are built on. The main protocol still remains valuable but the demand stays high because it’s the consolidation layer for NFT, layer 2 currencies, and crypto gaming. You’re not expected to use the main crypto as a retail defi investor. It’s still valuable to own, but unless you can afford the gas fees of the main protocol, you just use the cheaper layer 2 and let them resolve it for you. To take the gas analogy further. You aren’t tapping into the crude oil pipeline to fill up your car, it has to first go through a refinery that converts it into a form you can use. submitted by /u/cohonan [link] [comments]