>>60763190the miners will change something if they feel that their revenue isn't keeping up with their expenses. the price has to double every time there is a halving or they need to shut their equipment off. it can't keep doubling forever.
blockstream pushed extremely hard the idea that fee revenue will somehow make up for it, and they can force a situation of permanently high fees. a bunch of brain damaged retards wrote books about it too. but it doesn't work, the fee spikes are all temporary and they just make users permanently evacuate the chain.
you can kind of do the same thing with mined L2s such as drivechains, or by mining extra stuff that doesn't have a cap, like dogecoin. the bitcoin people would have to stop using stuff like lightning and abandon all plans related to ark, because these systems are designed to avoid paying miners as much as possible. they go in the garbage. but we still don't know if mined L2s and merge mining will generate enough revenue to pay the miners indefinitely. no track record to prove it is sustainable. if it does not work, the miners will go to the last resort, which is to modify the emission schedule and add some kind of tail emission.