Post
Topic
Board Bitcoin Discussion
Re: Finally Bitcoin Devolpers planning to kill Ordinals and Inscription
by
serveria.com
on 10/12/2023, 16:16:07 UTC
Removing ordinals will reduce transaction fees, meaning miners will make less Bitcoin per transaction.
How do you propose bitcoin survives when the block subsidy is near zero and miners depend solely on transaction fees to sustain them, when even a modest increase in transaction fees is enough to make 99% of the community want to ban the transactions paying those fees? A tail emission? Merged mining?
At this point I should ask: when block subsidy will be near zero? Near zero in BTC or near zero in fiat? I guess this block subsidy amount protection is built into Bitcoin, it was meant to work like that by design. If by the time block subsidy is say 0.0001 but Bitcoin price is $100.000.000 will mines be able to survive?   

Quote from: o_e_l_e_o
How will you use bitcoin mempool gets massively flooded?
I'll pay the appropriate fee.
I'm happy you can afford it, but think about Venezuelans trying to send money to their families, people from developing nations working here for sig campaigns on this forum unable to receive their pay (and for many it's their only source of income) etc etc... why these people have to suffer because of some person storing his dick pics and fart sounds on the blockchain?