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by thebean11 1791 days ago
> While that's being socialized across block reward for now, when that ends, it will have to be born directly by customers

That's true, total transaction revenue will need to go up. That doesn't mean per-transaction revenue needs to go up though.

Put another way, transaction volume needs to scale before inflation gets too low.

1 comments

transaction volume needs to scale before inflation gets too low

Good thing they decided to never scale transaction volume.

That's simply not true. They are ultra conservative with block size. That doesn't mean transaction volume won't scale. It doesn't even mean block size won't go up.