Am i missing somehing? Who is going to change the cap?
On the other hand, they are just numbers. (bitcoins) You can double the bitcoin count, their value will stay the same for 2x coins. So what is the problem?
Think about this, they are just numbers.
the miners maybe, if the revenue of their whole mining farm will turn to dust with the next future halving, and with the possibility of bitcoin not growing as intended if this happen, maybe they could force to leave the already unprofitable block reward for a longer time by increasing the limit
basically a modify of the controlled supply, with the right consensus it can be made
If it is not profitable to mine bitcoins, they can always quit mining. I dont think anyone said them that mining will be %100 profitable.
Not profitable = gtfo. simple as that.
And i don't care if nobody would mine bitcoin because it is not profitable, let it die.
Another Cryptocoin with much better specs will rise.lol you can't simply say let it die when bitcoin is the most used crypto and will be used more in the future, what about all those merchants which will use it for their business? fuck that too?
this is a legitimate concern, miners must make profit must be incentivated to mine, otherwise this whole thing will collapse