Oh gawd....
Lookie uie-poo-ie.... "I have not been pumping anything"...
yeah right...
A picture which speaks the true reality and thousands words if you are understanding how the hell idealogy of the people has changed over the years about bitcoin inspite of many talking shit about it knowing nothing:
The fees and speed issues are solved by the LN channels and bitcoin capacity is increasing day by day with increased adoption but still if you belong to that group of people saying btc is dead and will not surge then you are on the wrong planet and maybe when Musk will colonize Mars doge and shitcoins can be used
the fee issue has been a game of kick the can. The LN pushed the fee issue down the road and off a ramp in the miners lap.
We are yet to see what this will mean in 10 years you have
2024 3.125 coins
2028 1.5625 coins
2032 0.78125 coins
will BTC price rise bigly and kick the can to 2048?
But I agree that LN has kind of stopped the issue of high fees.
Frankly I think it is a fuck up and never should have been done. but that is just a guess.
You make it sound as if there is some kind of looming problem with regards to mining hashpower incentives, when that problem seems to be ONLY theoretical, and not even based on good theory -except doom and gloom bullshit regarding whether the incentives in bitcoin are good enough or not (sustainable or not).. You seem to be implying that there is a need for a bitcoin tail emission or something like that, and there is really no evidence to support such nonsense, except premature doom and gloom speculations regarding scenarios that are not easy to know and even the doom and gloom scenarios seem to be long-shots rather than any thing that really makes any kind of realistic sense, especially absent actual evidence that goes beyond pure negative speculations.
In some theoretical sense, the price of bitcoin only needs to double every 4 years in order to maintain the mining rewards of the halvening, no? Of course maybe we should attempt to account for changes in prices and costs and all of that too... but that is not going to take us much higher than doubling every 4 years, in real terms rather than nominal terms.
I have no reason to doubt (in terms of current speculation regarding what will happen) that the game theory is going to largely work itself out in terms of miners coming into bitcoin, and sure there is speculation that the disappearance of the reward with be potentially tragic in 2140 - however, my understanding that halvenings continue after 2140, but the mining reward is merely less than a satoshi after 2140-ish.. .
At the same time, I have difficulties speculating that any of these kinds of incentive matters are going to pose any kind of problem that might not be able to be addressed.. in the event that the problem seems to be causing the death of bitcoin through the lack of incentives towards continuing to see a sufficient level of hashing power to protect the network, the storage of coins and the ongoing transactions - whether on-chain or at some 2nd, 3rd or 4th layer.
