Post
Topic
Board Bitcoin Discussion
Re: It's 2040, the last bitcoin was just mined...
by
KingScorpio
on 04/02/2019, 20:10:45 UTC
What might the miners do at this junction?

Sure, they still get transaction fees. Would those escalate?

Might there be a reason to move to non-ASIC hardware?

Or a reason to change the reward algorithm?

there could be proposal to redistribute old lost coins, like any coins stuck for 120 years ( more then average life span of human ) in a wallet should be redistributed as block reward

and what if someone wants to bury a treasure for his future family member after 120 or more years?

you steal his "bitcoin" and limit therefore freedom over his property