2140 after all bitcoin are mined

I mean you can downvote me all you want but that was a factual statement.
It's going right over you guy's heads...

Either we have higher fees or less security. you have to pick one. And it gets worse as block reward decreases. You can't have both with the current model. Unless you come up with a solution you are just pulling stuff out of your ass. Everyone keeps referencing mining profitability and difficulty(which has nothing to do with fees because the users decide fees) and I'm talking about Block Profitability OVERALL. Which if the price of Bitcoin is not high enough then the transaction fees don't cover the cost and you start getting centralized mining that can be re-orged.

I'm done explaining it to you jack legs... Good luck on your Bitcoin journeys.

/r/Bitcoin Thread Parent