Saberhagen The Nameless's avatar
Saberhagen The Nameless 2 years ago
No I don't. It's simple logic. If there is no more block subsidy tx fees will have to make up for it. And if you expect the same or more people to onboard demand for blockspace will go up. All this means high tx fees. Unless you expect less users over time? That would mean the only other option is Bitcoin security fails catastrophically.
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MAHDOOD's avatar
MAHDOOD mahdood@rizful.com 2 years ago
You know that energy production gets cheaper over time right? And mining equipment gets more efficient. Storage space has gotten cheaper, that’s why running a Bitcoin node is still affordable today with a large blockchain. Your arrogance is very clear, you think you can predict the future but you cannot. If tx fees get too expensive, the market will provide second layer solutions. You should study Austrian economics because it makes it clear that predicting how a market economy will function is impossible. People already pay an exorbitant price for the money they currently use through inflation. They also indirectly pay fees in goods and services. Every credit card transaction has about a 3% fee. The merchant passes that fee back on to the customer. The market will humble everyone that thinks they know the future. Enjoy your shitcoin.
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