Topic: 2136? (Read 375 times)
Is the notion that miners will still make money from transaction fees dependent upon the price of bitcoin being really high, comparable to something like gold? What I am really trying to get at with this question is weather or not crypto "currencies" are stable if there is no mining incentive/ no new issuance of the "currency." I think that these crypto coins can replace the modern day exchange of stock certificates and can make global micro investments viable. In countries where there is a large unbanked populations and little to no investment or savings, individuals could perhaps buy crypto "certificates" using there phones since 6 out of the 7 billion people in the world have phones. Additionally, if less developed countries implemented this system it could make foreign investment easier, since crypto coins are so easily traded online. Just a thought, not entirely sure how feasible it is. However, looking at the shift towards mobile payments and mobile banking systems in lower income countries, I think crytpo currencies/certificates would do a lot of good.
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