Quote from: Upgrade00 on September 02, 2021, 10:47:22 PM

The later you speak of, when there would be no more block reward is over 100 years from now; a lot would have happened between that period of time which would change the Bitcoin space from what it is now.

Quote from: glascake on September 02, 2021, 10:24:58 PM

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.

Since transaction fees are paid in Bitcoin, it would be best to describe it in that form.
If 0.000030BTC equals to just over a dollar now, it would be a lot different in price in 2140 (expected time of the last block reward).

Execllent.

This is the prime reason why there will be more "demand" and less "supply" in the upcoming period and this is why the prices for bitcoin will rise crazy. People don't understand the increase in value in the form of USD and fail to understand rest of the calculation. If you are mining the bitcoin then you are getting paid in btc itself. So its not about how much dollar? It's about how much btc's you getting paid first and then make the conversion later into USD.

With the increased demand the prices will hike for sure. Later we will need to care about how much each satoshi equals to dollars? The day will also hit us when satoshi would be over few dollars. This is not inflation, this is correction of the prices based on the supply and demand in the market.

As far as I have read this over many times, this is how its gonna be in the future. No miners will be left in the dark for nothing. They are there, that's why the transactions are getting confirmed. So they will be paid today and all the time in the future in profits.