Post
Topic
Board Development & Technical Discussion
Re: What happens to BTC after they're all mined and billionaires own majority btc's?
by
monkeydominicorobin
on 21/09/2017, 05:47:33 UTC
I'm a newb, and curious what happens to bitcoin after they're all mined (considering that it's mostly wealth to absurdly wealthy people mining them now and has been for a while, aside from cloud mining sure but that's not that many is it? IDK), but curious what is the vision 10-15 years down the road it's possible that most the very wealthy people own BTCs? Seeing how more and more transactions are going to be paid via bitcoin (and rich people own most of the companies that GET paid in these transactions) - so I'm curious how it's going to be different?

Thanks!

1. If majority of billionaires will hoard their bitcoins the rest who will be using Bitcoins will enjoy the ultimate rise in value of bitcoin.
2. Miners fee in transactions will maintain operations.
3. It could go with the model of Dogecoin. Producing additional Bitcoins per year after the last Bitcoin has been mined.
4. Or nobody can resist hoarding Bitcoins because of profitability.