@1350 in the Coingeek interview you say, that $5 BSV is possible to sustain in the long…

1LRugbEPYP66ohMmotRW3EJNVM9y32Pv91 (8069) · March 31, 2020

@1350 in the Coingeek interview you say, that $5 BSV is possible to sustain in the long run. One question that I have is how would the miners stay profitable then? The tx fee is being paid in BSV correct?

Replies

17mv3xxFGGokNYaPyCSuVVbqjJjppAEpq3 (774) · March 31, 2020

its always profitable to mine bitcoin, it doesn’t even need a price to function because you can pay the fees in fiat

1LRugbEPYP66ohMmotRW3EJNVM9y32Pv91 (8069) · March 31, 2020

Very interesting. Could you elaborate on how exactly miners would get paid in fiat? Thank you.

17mv3xxFGGokNYaPyCSuVVbqjJjppAEpq3 (774) · March 31, 2020

you give them an x amount of signed transactions (with 0 fee attached), they give you an invoice, you pay it

1LRugbEPYP66ohMmotRW3EJNVM9y32Pv91 (8069) · April 1, 2020

I see. Wouldn't that add an unnecessary layer of complexity though?