Post
Topic
Board Bitcoin Discussion
Re: Bitcoin security in the long term
by
fuguebtc
on 02/07/2021, 23:49:00 UTC
When Bitcoin gets to a stage where the mined supply is basically 21m (that is, very little remaining btc left to be mined), will Bitcoin still remain a secure network?  

I think this is a very advanced level of thinking. You know that the amount of block rewards is halved every four years, meaning that one halving is completed after mining every 210,000 blocks. If it continues like this, we will be able to continue effortlessly with Bitcoin till 2150 without any worries. It is hoped that by the year 2150, an alternative solution will be invented. So it is easy to say yes Bitcoin still remains a secure network.