The lack of scalability on Ethereum is a common talking point in crypto spaces. When gas prices are spiking, people are quick to grab their pitchforks and claim the system is broken. But the reasoning and economic justification for expensive gas fees is often overlooked or brushed over. Such criticism misses a couple key insights:Transaction fees onchain do not scale with size.Gas prices fluctuate dynamically because of a changing demand for a limited supply of blockspace.In traditional finan...