Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Something to consider when selling your BTC...
by
MinoRaiola
on 21/02/2021, 07:07:44 UTC
⭐ Merited by vapourminer (1)

The last BTC will be mined in 2140.

I am very curious please, you sound so sure, afyer the last btc in mined in 2140, what next?

Almost all of us have asked this question. The only thing that annoys me is that I can't see the end.

As soon as the 21 million mark is reached, however, miners can no longer receive any BTC premiums. However, transactions must still be validated and stored by blocks on the blockchain - from this point of view, miners will at least be able to benefit from the transaction fees. This could become the lifeline for miners in the next century when no more BTC tokens can be released. So it says in Satoshi Nakamoto's Bitcoin whitepaper:

"As soon as a certain number of coins are in circulation, the incentives can be found entirely in transaction fees and completely free of inflation."