# Gavin Andresen
# 2011-04-25 12:28:16
# https://bitcointalk.org/index.php?topic=6284.msg94832#msg94832

You are forgetting that there are (at least) three players in the bitcoin economy:  miners, users... and merchants. @p{par}

If transaction fees are driven to zero so miners start dropping out, then merchants have an incentive to step in and start mining themselves so their transactions get processed in a timely manner.  Otherwise they don't get paid. @p{brk}