Post
Topic
Board Bitcoin Discussion
Re: Proof of stake mining of bicoin
by
Come-from-Beyond
on 27/12/2014, 13:26:51 UTC
Bitcoin will have 6 % inflation in 2016, 5% inflation in 2017, 3% inflation in 2019, and 0.5% inflation in 2026

You overlook an obvious thing:

Transaction fee will increase to compensate subsidy decline. One way or another Bitcoin holders will be paying tithing for burned electricity. The only alternarive is to stop sending transactions but in this case the transaction fees will just go higher.