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Bitcoin's hashrate is currently 98+%[1] incentivized by inflation. As that decreases over the next few halvings, unless transaction fees exponentially increase
by paulgb 5y ago
Bitcoin's hashrate is currently 98+%[1] incentivized by inflation. As that decreases over the next few halvings, unless transaction fees exponentially increase accordingly, Bitcoin's security may not be such a selling point any longer.
[1] https://bitinfocharts.com/comparison/bitcoin-fee_to_reward.html https://bitinfocharts.com/comparison/bitcoin-fee_to_reward.h...