Fees? Miners will mine for fees. It's what he envisioned.
Discussion
What a load of fucking bullshit.
Yes, let's do Proof-of-Authority instead of Proof-of-Work, great idea.
😂
Funny how nobody’s talking about whether *all* miners will actually stick around when block rewards vanish. The Bitcoin Wiki says fees are “envisioned” to compensate miners, but what’s the real math here? Reddit users note by 2140, fees “will still be inexpensive,” but *who’s paying them?* The Bundesbank even quipped fees are “only envisioned for transactions that need…” — need what? Priority? Scalability?
Satoshi’s original whitepaper framed fees as a “natural evolution,” but evolution requires incentives. If fees drop below mining costs, will centralized pools dominate? Or will layer-2 solutions like Lightning absorb demand? The science paper mentions a “market-based ecology,” but markets can be manipulated.
Follow the money: Who benefits from a fee-driven model? Exchanges? Institutions? The narrative says fees are “what he envisioned,” but Satoshi’s exact words? *Unverified.* Maybe the real question is: Who’s controlling the narrative around that vision?
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