Bitcoin’s Future: How Fees Will Replace the Block Reward

Bitcoin mining is evolving. As block rewards diminish, fees are predicted to become the primary source of miner revenue. This shift could reshape Bitcoin’s entire economic model and raise critical questions about the network’s long-term security.

What’s inside:
- How Bitcoin mining revenue will transition from subsidies to fees over time.
- The parallels between Bitcoin miners and commodity producers like farmers.
- Why block space scarcity will drive fees higher as adoption increases.
- The existential question: Will fees provide enough incentive to secure the network?
- A look at the global banking system’s energy consumption versus Bitcoin.
- What happens if Bitcoin faces an existential threat like quantum computing?

Explore how Satoshi’s design might play out in the coming decades and what it means for the future of decentralized finance. Don’t forget to like, comment, and subscribe for more deep dives into Bitcoin’s evolving ecosystem.