Bear market fud: as the block subsidy tails off, miners won’t get enough in fees and it’ll fall apart. Fees are too low!
Bull market fud: btc won’t or can’t scale! Fees are too high
Notice a pattern? It’s never good enough for these folks
Bear market fud: as the block subsidy tails off, miners won’t get enough in fees and it’ll fall apart. Fees are too low!
Bull market fud: btc won’t or can’t scale! Fees are too high
Notice a pattern? It’s never good enough for these folks
Yes if btc isn’t adopted then it will fail. No shit. It’s like these people think they are geniuses for making this proclamation
Never mind that if btc is attacked with a 51% it censors the network, but this is actively happening on eth now with OFAC. You would still be able to send btc around using lightning until the attacker is done spending massive amounts of energy. That’s the thing about btc, it’s incentives make more sense to use those resources to actually mine valid btc.