[ursuscamp]

That really depends in your time horizon

[kinakomochidayo]

Which is ironic, considering how Bitcoin security budget will very likely decrease as time goes on with Bitcoin halvenings and low transaction fees going to miners

[toomim]

It's already about 1000000x higher than it needs to be. Keep in mind that all it does is prevent double-spends.

There are other ways to avoid double-spends, too, like taking the party to court.

Mining does not need to be incentivizes nearly as much as it is right now for bitcoin to still function as p2p cash.