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Scarcity and security

Etherum Reddit

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I have been seeing a lot of threads on Twitter that are extrapolating the current fee rewards for miners on bitcoin saying that few halvings from now block rewards will be too low and the transaction fees wont cover the mining costs leading to reduction in hashrate and security. The reason being the narrative of bitcoin being a store of value and being held and not having enough transactions.

To protect against this, some proposals have been to add tail emissions to incentivize mining as rewards go down. This breaks the fixed supply store of value narrative. Now assuming this does come into play, I would think this would split the community and cause a lot of commotion or reduced security would need to be accepted.

Personally I don't hold any bitcoin, only eth. I feel it has a better security model for the long run and much more utility.

Bitcoin has been driving the whole space, it goes up, the whole cryptocurrency market goes up. It goes down the whole market goes down. I am still new to the space so looking for answers from more educated and experienced people who have been here a while:

This leads me to my questions: how do you guys think this will effect eth? How badly can a fight in the bitcoin community impact eth? Could this be a catalyst for the flippening?

submitted by /u/Simple-Nobody6857
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