It's a nonsense question. There's no way to know what the value of Bitcoin will be 100 years from now. There's no way to know how high of a fee an average transaction will pay 100 years from now. There's no way to know how much electricity will cost 100 years from now. There's no way to know what the mining difficulty will be 100 years from now. There's no way to know if humans will still exist 100 years from now. There's no way to know if people will still be using Bitcoin 100 years from now.
So, for your nonsense question, I give you a nonsense answer. The answer is yes.
Bitcoin is designed with feedback loops in it. If the value of a block drops, then unprofitable miners stop mining. When unprofitable miners stop mining, the remaining miners become MORE profitable. This continues until ONLY the profitable miners remain. Therefore, it will always be profitable for some people to mine, assuming that Bitcoin still exists. Remember, there were miners back when the mining reward was worth less than $0.01, so humanity has already demonstrated that people will mine bitcoin regardless of its value.
Now that the nonsense question is answered with a nonsense answer, can we lock this thread before it fills up with a few hundred pages of sig ad nonsense?
Dunno why are you this mad but great points really..
Bitcoin is designed with feedback loops in it. If the value of a block drops, then unprofitable miners stop mining. When unprofitable miners stop mining, the remaining miners become MORE profitable. This continues until ONLY the profitable miners remain. Therefore, it will always be profitable for some people to mine, assuming that Bitcoin still exists. Remember, there were miners back when the mining reward was worth less than $0.01, so humanity has already demonstrated that people will mine bitcoin regardless of its value.
but when a good chunk of miners (also reffered to as "unprofitable miners") leave the network wouldn't that make it kinda more centralized and vulnerable to 51% attacks ? (in a nonsensical universe of course)