But it is a matter of time, isn't it? Block rewards is finite, after 20 yrs, the only revenue source would be charging clients, until then it will decrease gradually (less depend on Block rewards and more dependence on SC fees). You stated "Data storage on Filecoin will ""ALWAYS"" be orders of magnitude cheaper than AWS because SPs on Filecoin". hmmmm, i made an abstract calculation based on the current requirements by Filecoin, at 3$ per TB, SPs would kinda be in a loss if block rewards don't exist(20 yrs later)
But i believe they are working on the requirements thing to be much easier, as in other storage solutions, CaPeX isn't that expensive as Filecoin. But for the current situation, block rewards subsidize everything ( at the cost of token holders probably, they are the ones who pay for the service currently, aiming for token price appreciation)
In the meanwhile,
-with FVM, client's data will go to work on-chain (lowering the final fees on them) advantage web2 competitors lack
-Burnt fees ( we can argue about the value captured by burning fees) if went to SPs instead, it will help lower their prices charged to SC.
Making Storage prices lower beside the above reasons (CapEx-OpEx Saving, competitive marketplace between SPs across the world)
But it is a matter of time, isn't it? Block rewards is finite, after 20 yrs, the only revenue source would be charging clients, until then it will decrease gradually (less depend on Block rewards and more dependence on SC fees). You stated "Data storage on Filecoin will ""ALWAYS"" be orders of magnitude cheaper than AWS because SPs on Filecoin". hmmmm, i made an abstract calculation based on the current requirements by Filecoin, at 3$ per TB, SPs would kinda be in a loss if block rewards don't exist(20 yrs later)
But i believe they are working on the requirements thing to be much easier, as in other storage solutions, CaPeX isn't that expensive as Filecoin. But for the current situation, block rewards subsidize everything ( at the cost of token holders probably, they are the ones who pay for the service currently, aiming for token price appreciation)