Post
Topic
Board Economics
Re: What is going to happen when we reach the 21 Million BTC supply limit?
by
wahyu wida
on 25/07/2018, 02:58:07 UTC
When all the 21 million Bitcoins are mined and put into the circulation, prices would proportionally go up and with relationship to the adaption too.
As of now, we know that some countries are still not accepting bitcoins, yet we do not know if  there are people already who holds some cryptos with them. If we would think that they do not have any. There will be a great chance that 50k USD is not the highest price per bitcoin. Everything will be so expensive when every coin is being distributed.
with increasingly limit reserves and exit to the market, then logically prices will soar, we can imagine, if many governments are legalize it, then more and more will need bitcoin with various purposes