Post
Topic
Board Bitcoin Discussion
Re: Bitcoin DOES NOT have a Cap of 21 Million Coins!!
by
CryptoBry
on 10/10/2019, 13:00:45 UTC
The block rewards resets to 50 every 256 years making the supply grow indefinitely, forever.

lol. no it doesn't
is it April already?

This isn't a joke.

Satoshi made a mistake in the code that causes the block reward cycle to repeat itself every 256 years.

I have never looked into this revelation of yours. Anyway, in case it is true that the reward cycle repeats itself every 256 years I am thinking that it can be something I will not be concerned about as that can be a long, long, long way into the future. The number 2140 rings a bell a lot in many posts online because that can be the time when mining rewards can be gone and that is around 120 years from today. Now, I am sure that nobody can ever remember me at that time except maybe if this forum will still be existing and that accounts from the past are not deleted for any reason. Maybe we should be asking the real Satoshi Nakamoto wherever he can be why he made this mistake.