Ethereum

is all blockspace scarce?

(interpret as you like)

Independent, original thoughts. Onchain interests. Investor, entrepreneur, best-selling author. Cultur3. MetaCartel Ventures DAO. Opinions are my own.

@dantehrani.eth and I were just discussing whether or not there’s scarcity in all possible blockspace at some point in time or if it’s just ‘legitimate blockspace’ that’s scarce

What's the main insight that you're thinking of here?

Blockspace has quality, like water, land and location. 

Not all blockspace is scarce (we can scale “infinitely”) but valuable blockchain is scarce (represented in fees)

Also, right now demand is low. Demand will continue to grow

only the valuable ones

(interpret as you like)