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The reward has only gone down in absolute BTC numbers - in terms of purchasing power I'm pretty sure the reward is trending up.
by kevinak 4y ago
The reward has only gone down in absolute BTC numbers - in terms of purchasing power I'm pretty sure the reward is trending up.
- paulgb 4y agoExpecting this trend to continue forever means expecting the value of Bitcoin to double every four years. It’s basically the wheat and chessboard problem: possible the first few times, then quickly impossible https://en.m.wikipedia.org/wiki/Wheat_and_chessboard_problem https://en.m.wikipedia.org/wiki/Wheat_and_chessboard_problem