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 ...
“Argument is a red herring distracting from the real question of bitcoins utility in a fiat world.”
“It’s whether demand for block space is strong enough to pay for security”
We’re saying the same thing…
“It’s whether demand for block space is strong enough to pay for security”
We’re saying the same thing…