Number must go up. Subsidy still matters for at least this…
Number must go up.
Subsidy still matters for at least this coming halving and the next.
144 x 10 million x 0.00001 = $14,400.
$14k txs fees per day at 10 million txs per block at 1/1000th cent txs fees.
Subsidy @ $70 a coin per day = $63k
$31.5k after halving @ $70 a coin.
We are nowhere near getting 10 million txs per block. Not even fucking close.
This network does not grow or work at $70 a coin.
We all want the nodes to be top spec. Good luck with that @ $70 a coin.
BSV people talked about subsidy being replaced by txs fees way too soon.