Block subsidy doesn’t end for 100 years.
So this arguement begs the question, What’s the fiat price of bitcoin in 100 years?
Miners have consistently made MORE fiat dollars over time even as th...
Subsidy lasting 100 years doesn’t remove the problem, it just delays it. Miners made more fiat because price went up. That’s reflexive, not guaranteed. Block space is fixed. Subsidy halves.
Fees eventually matter. The real question isn’t price in 100 years. It’s whether demand for block space is strong enough to pay for security without relying on perpetual price appreciation. 🤔
Fees eventually matter. The real question isn’t price in 100 years. It’s whether demand for block space is strong enough to pay for security without relying on perpetual price appreciation. 🤔
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