> For one thing, it’s likely that transaction fees will rocket, as miners try to replace revenues no longer provided by the emission of new Bitcoins. That's n

> For one thing, it’s likely that transaction fees will rocket, as miners try to replace revenues no longer provided by the emission of new Bitcoins. That's not how Bitcoin fees work. Miners do not define a fee. A transaction has at least 1 input and 1 output. If the input value differs from the output value, the miner gets to keep the difference. Miners will prioritize transactions that offer the most change/fee per byte. Fees go up because users want their transaction processed before other transactions. Fees are more based on congestion than on whether there are block rewards. If the fees are too low, less efficient miners will stop mining and difficulty will drop, making mining cheaper.