Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin transaction fees be too high in the future?
by
Darkelf11
on 24/09/2020, 11:00:57 UTC
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Right now the median fee is about $2. After lots of halvings the reward won't be enough to satisfy the miners.
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In my opinion, in the future, where all the bitcoin's have already been mined, the transaction fees will get higher because these miners does not have taking any rewards. The only money that they can take is from the transaction fees from every single blocks they were able to create. I don't know what will happen next because of this. We'll know if we get there.