Post
Topic
Board Development & Technical Discussion
Re: Tail emission ideas that retain the 21 million limit
by
Medusah
on 01/06/2025, 10:49:38 UTC
The system has to pay for itself, so fees are necessary. In my view, if some use of Bitcoin has a benefit, then a fee related to that use seems appropriate. You make it clear that there is a benefit to holding bitcoins, so wouldn't it be reasonable to pay a fee for that benefit? Why should others pay for your benefit?

There is also a greater benefit in moving millions of dollars worth of bitcoin overseas cheaply, when you compare it with dust transactions.  Yet, both can pay the same.  According to your reasoning, an added fee that is respective to the amount transacted is reasonable, because why would a person who moves $1 billion worth of bitcoin pay the same as I do, when I'm only moving $100?

The answer is that these are the rules set in stone since 2009.  If you want to opt-in to bitcoin, you should acknowledge and accept them.  Otherwise, you're free to use one of the many altcoins that operate under different consensus rules.