Yes this headline turns some heads but hear me out:


The current block reward is ~300.000USD
Each block contains ~2800 transactions on average.
So far so good. That means that currently each confirmed transaction
is worth over $100. Later when there will be no block
Reward its expected that miners are paid by transaction fee.
But there is no way people are gonna pay 100$ Worth of btc per transaction.

Let’s be realistic and say people will pay 2$ per transaction. This is only 2% of the
reward of the current mining system.

In my understanding mining will shrink to 2% of the current hash rate. Otherwise it’s not profitable.
And this is very dangerous to the security of Bitcoin.

Correct me if Im wrong!

I specifically didn’t write any btc amounts in the calculation only dollar amounts. Since miners will pay their ASICS and electricity in dollar. That the value that matters.