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Economics
Re: Total number of bitcoins.
by
manselr
on
09/02/2015, 16:46:05 UTC
Quote from: picolo on February 08, 2015, 08:12:35 PM
Quote from: V for Varoufakis on February 08, 2015, 12:16:03 PM
The total number of bitcoins must be: M = (PQ) / V
https://en.bitcoin.it/wiki/Controlled_supply
In 2022 90% of the bitcoins will have been mined.
Which means by 2025 price should be insanely high otherwise miners will have the shittiest incentive to keep mining.