Peck by twetch#8069

1LRugb…Pv91 Key · twetch

@1350 in the Coingeek interview you say, that $5 BSV is possible to sustain in the long run. One question that I have is how would the miners stay profitable then? The tx fee is being paid in BSV correct?

What the chain says

Transaction: abb2c347560930f8dec650461c3bf358036015dee44bc1a630e87de3374ad0ac
Block: 628 615
Time: 2020-03-31T11:37:33Z
Signer: 1LRugbEPYP66ohMmotRW3EJNVM9y32Pv91
App: twetch
Type: post
Content type: text/plain
Name in tx: twetch#8069

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1LRugbEPYP66ohMmotRW3EJNVM9y32Pv91 Verified

Replies (4)

twetch#774 6.5y

17mv3x…Epq3 Key · twetch

Replying to@1LRugb…Pv91

its always profitable to mine bitcoin, it doesn’t even need a price to function because you can pay the fees in fiat

twetch#8069 6.5y

1LRugb…Pv91 Key · twetch

Replying to@17mv3x…Epq3

Very interesting. Could you elaborate on how exactly miners would get paid in fiat? Thank you.

twetch#774 6.5y

17mv3x…Epq3 Key · twetch

Replying to@1LRugb…Pv91

you give them an x amount of signed transactions (with 0 fee attached), they give you an invoice, you pay it

twetch#8069 6.5y

1LRugb…Pv91 Key · twetch

Replying to@17mv3x…Epq3

I see. Wouldn't that add an unnecessary layer of complexity though?

Post by twetch#8069

Replies (4)