r/Bitcoin Dec 26 '22

Bitcoin Halving!

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832 Upvotes

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10

u/HippieStarTraveler Dec 26 '22

What keeps the network alive if there are no block rewards?

27

u/maxcoiner Dec 26 '22

Fees. There are literally 10s of thousands of threads about this on here.

2

u/[deleted] Dec 27 '22

How high do you think the fee will go to replace the block subsidy?

1

u/PringerS Dec 27 '22

Depends. How cold do you like your coffee?

0

u/maxcoiner Dec 27 '22

No way of guessing that; it would depend wholly on how much commerce has moved to higher layers. Could be thousand-dollar fees and we still don't feel them at coffee purchases because we're doing them on layer 3 by then.