It is often said that Bitcoin does not have to be a settlement layer for people to buy coffee with. The narrative behind this statement should be considered more of an assumption than a blockchain phenomenon. A more ruggedized blockchain phenomenon, what a blockchain provides and network effects, privacy, security, transactions per second, smart contracts, etc. The more benefits that can be provided by it, the higher the value of the blockchain network in question will be.
By reducing the minimum payments of a blockchain network so that anything below $ 500 becomes impractical, there is a reduction in the overall blockchain service. All of this may not be any computational answer to solve the problem of blockchain congestion in a realistic way that fits normalized human technology today.
However, it should be noted that the $ 5 coffee narrative was oversimplified. As a specific example, the vast majority of deposits made to this Bitcoin casino website each day typically range from $ 1-100. Of course, MintDice also gets plenty of deposits that can reach tens of thousands of people, but these are only on the rarer side. And it shouldn't be an impossible question to hack a large portion of the network that wants to interact in a censorship-resistant and low-cost way.
As any Bitcoin and blockchain expert knows, Bitcoin casinos and other gray market activities supported most of the Bitcoin network in the first place. And then unilaterally to say that most of the Bitcoin casino user base should not be allowed to transact on the network is a potentially extremely powerful explanation that should be made for little justification given the overall implications it may have on the network. The problem is extremely complex with many pros and cons and should not be thrown into the future forever. Hopefully multiple solutions may come up and people can set aside their political differences and put forward what is best for Bitcoin to provide a free and open payment network for everyone.
