Quote from: philipma1957 on December 26, 2022, 04:42:35 PM

I see a lot of problems with BTC and current scaling issues and a shift to LTC/DOGE as a more likely solution than BTC continuing to work well.

Script mining can be fun, and the merge mining of LTC and DOGE could potentially be beneficial as it provides two revenue streams to miners. It's interesting to note that one used to mine LTC and receive DOGE, but now the reverse happens, demonstrating the volatility and uncertainty of the market. The rise of Bitcoin as the dominant cryptocurrency seems inevitable, with its first-mover advantage and recent recognition as legal tender in El Salvador. As history has shown, the actions of one nation often inspire imitation in others.

Quote from: kano on December 22, 2022, 12:06:55 PM

Quote from: philipma1957 on December 21, 2022, 07:10:10 PM

Doge will thrive and BTC will falter.

LN really hurts BTC in the not so distant future.

That is why I mine both DOGE and BTC

Quoted for when it doesn't happen

The lessons learned from the scaling debate and the enduring strength of Bitcoin as market money serve as a reminder of the power of staying true to one's principles.

Quote from: DaveF on December 28, 2022, 12:12:50 PM

So, in the end the regular fees will probably top block rewards sooner then we seem to be talking about here.

Still 20+ years away.

The inherent design necessitates that the number of transactions within a block must either increase or the value of the fees for those transactions must increase in order to sustain mining. In this way, we are confronted with a paradox: as the value of Bitcoin increases, so too does the value of each satoshi used to pay the fee. It is a complex balance, one that demands careful contemplation and discernment.