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221 sats \ 0 replies \ @jk_14 19 Dec 2022 \ parent \ on: On the Instability of Bitcoin Without the Block Reward bitcoin
why do you ask question to already answered problem?
Again:
bitcoin itself will show us with first destructive halving occurrence - what is the lowest possible level of emission to preserve already reached network security level
the stopping before a cliff (or: spiral of death) is one time process - we can remove (destructive) halvings or not
breakthrough in ASIC technology changes nothing (like every breakthrough from CPU -> GPU -> FPGA -> ASIC - didn't interfere with emission)