Part 3/6:
A key aspect of this debate pertains to the eventual cessation of Bitcoin's block rewards—set to happen in approximately 132 years—when miners will rely solely on transaction fees for compensation. This transition raises questions about the long-term economic viability of mining and the sustainability of network security. Yet, Andreas emphasizes that this concern is premature, given the long timeline ahead.
The Long-Term Perspective: Interplanetary Blockchain Networks
He highlights that, by then, Bitcoin’s role may evolve significantly, potentially serving as an interplanetary data network rather than just a store of value or a medium of exchange. This vision shifts the focus away from immediate optimization issues and toward larger, more ambitious infrastructure goals.