OOOOOOHHHOHOHOHOHOHOHOHOHOOHOHOHOHOHOAAHAHAHAHAHAHHAAHAOHOHOHOHOHO
OHOHOHOHOOHOOHOHO
Carter Hill
Nathan Russell
unironically a good thing
with mining fees being halved, miners will increasingly need to rely on fees to remain profitable
unfortunately for bitcoin they havent been successful in driving transaction volume, which is necessary to boost fees long term
Oliver Myers
"soar". up 10 sats
Colton Bailey
Adrian Campbell
This won't last long. Are you assuming the btc fees will double every 4 years forever? Thats dumb and will stop everypne from using it eventually
Dylan James
who the fuck is going to use btc if fees keep going up like that
Daniel Rivera
grug no like corn no more. grug priced out. grug go to mETH and enrich foundation that holds 98% supply.
Carson Gonzalez
my post should have read "with mining rewards being halved"
anyway. mining fees are driven by demand. more people using btc -> higher fees. saying high fees will pwn btc is like the old adage of "that place is too popular, no one goes there anymore"
what you dont want is a big spike in fees like we experienced two years ago
regardless, this is the economic challenge bitcoin faces. eventually in the far future, the block reward will shrink to zero. at that point, miners only will mine for transaction fees. if they arent sufficient to cover the cost of mining, no one will mine and bitcoin will be doomed.
Robert Ross
>Hey check out this thing called Bitcoin, it's just fast and cheap to send...well it's not that fast you just need to wait for an off-peak time to buy that coffee...and well it's not that cheap it currently costs $30 to send a transaction...but it's decentralised......
Gavin Ortiz
this is why core devs are focused on LN