2 ms·
The block reward halves every ~4 years. If we assume you're correct, it means 6.25 * 144 * $11000 = $9.9 million is currently being brought in every day on aver
by modeless 6y ago
The block reward halves every ~4 years. If we assume you're correct, it means 6.25 * 144 * $11000 = $9.9 million is currently being brought in every day on average to keep the price where it is now. Again by your logic, 20 years from now after 5 halvings that same $9.9 million would support a price per Bitcoin of $352,000.