You never saw a 1 sat/byte get dropped =/= no 1 sat/byte have ever been dropped. I have seen plenty and limiting facts to what you saw is wrong. Wasn’t you here when the mempool hit its ATH and you literally had 1-3 sat/byte stuck for days? You can’t deny that... it happened. It’s a fact.
You are the one denying it, saying that 1 sat byte get dropped and not stuck. I saw that, it was a fact: they didn't drop, they were waiting for confirmation for some hours/days, in the All Time High Congestion. Just like I said before.
Yes... that’s the situation NOW. This in no way means 1 sat/byte transactions are drop-safe. What happens if suddenly someone starts spamming the mempool like they did some years ago? Or if China starts encouraging BTC usage and a big part of the population follows them? Possibilities.
...
I can literally spend million in 100+ sat/byte tx for weeks. Isn’t that possible and totally viable if I have the money to burn? How can you deny that and affirm 100 sat/byte tx will stop showing up? You don’t know that. And I personally had 1 sat/byte txs get stuck for days.
TryNinja, I get your point. Ok, You want to justify that we shouldn't use 1 sat byte fees, but we should use higher fees. I don't agree, but that's ok.
Your "possibilities" like a suddently BTC adoption that will make BTC become highly used by common people in a few hours, or that someone very rich like Jeff Besos is going to spam the network with 100sat/byte for months didn't convince me.
Those "peaks" of congestion are much more like an attack (when BCH was listed in coinbase for example and BCH were spamming the network) or very uncommon situations, and they don't last for more than like 2 days.
I will continue using 1 sat /byte fees as I always did, since 2017, and I am ok with that. I know someday one transaction my be dropped, although it is very unlikely and I have never seen it, and I have done at least 30 1sat/fee txs. (and if it get dropped, I will sent it again with 1 sat byte fee until accepted!)
This is certainly a very interesting case. So there are payment processors using 0 confirmation transactions.
I think that for small values there is certainly very few people who are willing to scam using this RBF process.
And it is possible to calculate a fee to compensate scammers: If 1% of all people do a successful double spend (RBF whatever the name) than you just charge 1% on fees. Burguer king is doing that somehow, but using 4% fees according to the journalist.
Translation: "Commission fee is a little more than 4% for all currencies with no exception..."