I guess the flaw in my point above is that, compared to a few years ago, it's now much harder for someone to earn the 0.0002 BTC required for a TX fee. But it's still interesting to take a bitcoin-centric view on value whereby fees have stayed constant and everything else has become so much cheaper 🙂
Note: Does anyone know of any graphs showing historical average transaction fees over time valued in BTC or sats rather than in USD? I couldn't find any so I had to do some manual calculations for the above figures.
Another note: I found https://txstreet.com while researching this and it probably deserves a post far more than the above information… Check it out!
Edit: This chart gives a pretty good indirect indication of constant TX fees when valued in BTC: