Bitcoin’s Long-Term Security: A Dilemma of Fees and Incentives

Bitcoin’s long-term security hinges on its ability to attract sustained network activity, fueled by both transaction volume and miners’ incentives. This challenge stems from the declining block subsidy, which is currently responsible for incentivizing miners to secure the Bitcoin network. As this subsidy shrinks over time, concerns arise about how Bitcoin will remain profitable for miners in the long run. 💰