Post
Topic
Board Altcoin Discussion
Re: Will BITCOIN run out in 2140?
by
Argoo
on 02/09/2019, 17:54:53 UTC
I forgot the article that says about this.
but I remember that, reportedly Satoshi Nakamoto intentionally created a limited amount of bitcoin inventory. This is done to prevent inflation. From long-term predictions, BITCOIN has at least until the year 2140, all of which can be mined. If the number of Bitcoin continues to decrease, the price can soar in the future. how do you think about this, is it true that BITCOIN will run out in 2140?
It is unlikely that until 2140 Bitcoin will continue to exist in its current form. If it exists at all until that time, then it will probably change very much, and if necessary, its production will also change. In any case, it’s too early to think about it. Especially to us who do not live up to this time. It is believed that a generation of people changes every twenty years. Based on this, six generations of people will be replaced before 2140. Therefore, you should work with what is now.