Post
Topic
Board Bitcoin Discussion
Re: Title: Near Zero Bitcoin Transaction Fees Cannot Last Forever
by
ShakyhandsBTCer
on 29/06/2014, 23:33:14 UTC
Near zero fees don't exist now. They are some of the most expensive transaction fees you'll find, but they are hidden in subsidies that are paid for via inflation.
The block subsidies are designed to give miners an incentive to mine until the time comes that bitcoin is widely enough used so that there will be sufficient volume of BTC transactions with TX fees to make it worth their while.