What happens to miners (
$BTC or
$XEC ) when the
#coinbase reward runs out?
The idea is that at this point there are a lot of transactions on the blockchain within each block to be profitable enough to mine. Because the block reward is not just the coinbase, it is also fees per transaction.
So if you ideally have millions of transactions in one block, even a subcent fee per transaction would make finding a block very valuable.
Knowing this, we can ask ourselves how BTC is trying to fix this issue because they are not scaling blocks to be able to accommodate millions of transactions.
Their idea (BTC) is to have high fees with few transactions. But eCash chain has designed to have low fees with high transactions throughput.
Today if you see that BTC is having a high fees, then its normal.
Because the fact is you can't spending under $10 with BTC if you have to pay the fee around $89.
Actualy the coinbase rewards is predictable, it will runs out at year 2140.
I can't imagine how much BTC fees, in the future at 2140?
However,
Many people saying that BTC is not for spending, just buy and hold forever. lol, this funny.
Many people saying, there is Lightning Network and L2 for BTC in the future. yeah I also wait for it, but I keep thinking this is not a true solution.
Conclusion,
Keep asking to yourself, if today BTC is not for spending because of high fees, then what is the counter option for
#CBDC in the future? for freedom?
The answer has clear, its
$XEC #eCash .
But as investor, you should have an open minded. I still investing on both btc and xec.
To me, BTC and XEC is having different strategy for
#financial #freedom .
Invest wisely, don't miss your future.
Note:
- The image is not mine, I found it at twitter.
- I just sharing my opinion.