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What’s the signficance of going below 1 BTC block reward? Beyond the psychological barrier
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Fees will need to be enough for miners to continue to profit & secure the network.
Going below 1 BTC means that it is less of an impact, therefore the halving will be less volatile.
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Its less than 10 years till the block reward becomes less than 1 BTC. Fees will need to replace them.