Replying to Avatar Séimí Mac Síomón

Block reward in 2088 will be roughly 5000 sats. We early af.
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🐢 1y ago

Transaction fees will be roughly 5 bitcoin. Same same.

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Séimí Mac Síomón 1y ago

Never thought about that. So fees will become more lucrative than the block reward?

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Séimí Mac Síomón 1y ago

We already seen some of that already, but that was because dickbutts

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🐢 1y ago

Certainly so. If there is demand to use the block space, users will bid to use it. Limited space plus more demand leads to users bidding higher txn fees to be included.

Either txn fees go up, or hash rate comes down.