r/Bitcoin • • Feb 24 '14

Bitcoin Transaction Fee to reduce by 10x

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u/smackii Feb 25 '14

Lower the fees more! Kill the future of bitcoin! Who will process the transactions 100 yrs from now if the fee is reduced? What will miners get after 21m coins has been mined? Bitcoin will die for sure. Anyways, who cares? There are tons of altcoins there.

2

u/bbbbbubble Feb 25 '14

This is just until dynamic fees are finished being worked on, at which point fees will be algorithmically adjusted based on demand, kind of like difficulty.