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Bitcoin was intended to be funded entirely by transaction fees and the minting was just to jumpstart the currency, which is why the new coin minting rate tends
by tardedmeme 6mo ago
Bitcoin was intended to be funded entirely by transaction fees and the minting was just to jumpstart the currency, which is why the new coin minting rate tends to zero. This was a naïve mistake. Other cryptocurrencies have start high and approach a lower nonzero value.
- hggh 6mo ago> Bitcoin was intended to be funded entirely by transaction fees Transaction fees used to be free, but miners started to require at least 1 sat/b, to prevent "spamming" the mempool, so... no.