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0 sats \ 3 replies \ @OT 3 Jun \ parent \ on: Bitcoin Security Budget | Bitcoin Decentralization | Bitcoin Miner Reward bitcoin
It triggers the "high fees" meme. Not sure anyone can know what high fees will look like if they're still using fiat. Of course it looks high from a 2025 standpoint. In reality it could cost $1 million for a coffee.
That's why the sats mode helps. But 100k sats is a lot today and will only be way more valuable in the future, no matter what USD does.
That average fee is what's needed for miners getting 0.5% of the whole network in yearly rewards. Maybe half is enough. But that would still be a lot given that 21M ₿ / 8B people = ~250k sats.
But even that would be OK and the best case scenario. The hard part is having the demand for ~4k transactions per block at that price.
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