> the idea that fees should be on the order of a couple cents in order for bitcoin to be a useful currency as satoshi intended When the block subsidy becomes i

> the idea that fees should be on the order of a couple cents in order for bitcoin to be a useful currency as satoshi intended When the block subsidy becomes insignificant in a few decades, Bitcoin's security will require a constant backlog of high-fee paying transactions, which can only arise with a constrained blocksize causing a fee market. Bitcoin's capped supply is great for speculation but a poor design choice for a useful currency.