alxc on Nostr: what do you expect to happen when the block reward closes in to zero? if we're still ...
what do you expect to happen when the block reward closes in to zero? if we're still at minfee in 10 years bitcoin is dead. as soon as blockspace demand surpasses supply it will actually need to be bid for (unlike now), on-chain fees will (hopefully) skyrocket to their real value.
Published at
2023-02-08 23:46:03Event JSON
{
"id": "e51d0fedc6f2ea38011d2855fcee4e7a4ef35a823bebf4fc708bfbec6b01182e",
"pubkey": "c13cb9426a4f85aff08019d246d1240a6cbf49ab9525a06d54fb496b9a3592b0",
"created_at": 1675896363,
"kind": 1,
"tags": [
[
"e",
"2db47d2d784c95584211a7c6b81c5675affdaadb1f190f932b03c2436a1fc298"
],
[
"p",
"3c559080f647074a638e9cc6d4c487a06bfab810402aab9a6794fb49a053153e"
]
],
"content": "what do you expect to happen when the block reward closes in to zero? if we're still at minfee in 10 years bitcoin is dead. as soon as blockspace demand surpasses supply it will actually need to be bid for (unlike now), on-chain fees will (hopefully) skyrocket to their real value.",
"sig": "c1e1d916c8b663fafa5b1b7799cf4283f8d8f641db92ff4e25e27175a3257432b133c576808ab90206ded6e141ecf47d4eb052be012893cad55fe37aab02e191"
}
