stephanlivera
Re:The senatorial governance of Bitcoin: making (de)centralized money
on Monday January 06, 2020 @11:21PM (#21976802)
Bitcoin's block reward has two components: block subsidy + miner fees.
Over time, most bitcoiners foresee the transaction volume and demand rising, such that miner fees will compensate for the reduction in block subsidy.
So once we get to the end of new supply around 2140, the system will sustain from ongoing transaction fees.
Dan Held and I explore this in this interview if you're interested: https://stephanlivera.com/episode/81/
Re:The senatorial governance of Bitcoin: making (de)centralized money
on Monday January 06, 2020 @11:06PM (#21976727)
Commenters will be interested in my interview with Bitcoin Core developer James O'Beirne on the real nature of 'power' in Bitcoin. See here: https://stephanlivera.com/episode/66/