Do people actually believe that EIP-1559 will reduce gas prices?

Cryptocurrency News and Public Mining Pools

Do people actually believe that EIP-1559 will reduce gas prices?

Saw an article on cointelegraph that said "while the proposal is expected to discipline Ethereum's surging fees…"

https://cointelegraph.com/news/eth2-transition-accelerates-amid-rumblings-of-a-miner-rebellion/amp

If you think it will reduce fees, why?

The devs have stated that this EIP will not reduce fees overall. (Feb community call)

https://youtu.be/EdXhL6VR0mU

submitted by /u/inan0812
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