The Conceptual Schism in Bitcoin's Future

The need to replace the new issuance with these transaction fees is directly related to some of the hard money aspects that fans of bitcoin propagate and is a central portion of their thesis for why bitcoin will succeed. The current design decisions of the protocol including some that are seen as sacred sacrosan fundamentally make that more challenging to achieve, says Nick Carter. "I think this connects right back to kind of what we were discussing with conceptual failures before in ways bitcoin can kind of be taken over," he adds.