I think it de incentivizes all mining equally. It means you’re mining just for the block reward, which is halved every 4 years… so that revenue has to be replaced by fees over time.
The solution is not so much on the mining side, it is on having more usage of Bitcoin P2P - more on chain payments, more lightning channels being opened, etc..
Unfortunately we also have the incentive to hodl and spend fiat instead, so this will probably only really change when there is a significant amount of people with no fiat to spend (I.e living in a bitcoin standard).
pmrcunha / Paulo
npub1k2…jfh9l
2025-01-31 11:26:53
in reply to nevent1q…nha3
Author Public Key
npub1k2vcw6agtcea54exjfrl07g6acp97k7jhs3f42zu0yy0xlqsequqsjfh9lPublished at
2025-01-31 11:26:53Event JSON
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