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Block subsidy will be 16x lower but BTC will be worth more than 16x than today’s price. That was my point!
by EGreg 6y ago
Block subsidy will be 16x lower but BTC will be worth more than 16x than today’s price. That was my point!
- deleted 6y ago[deleted]
- tromp 6y agoAnd my point was that once fees dominate the block reward, the price doesn't need to double with every subsidy halving for mining income to grow. A smaller increase in price will suffice.