Post
Topic
Board Bitcoin Discussion
Re: Bitcoin security in the long term
by
Yamifoud
on 02/08/2021, 09:03:32 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?  
if that is possible all 21mil total supply will be mined someday, it leaves us no choice but to share it all. And the fact that Bitcoin still exists in the hands of the holders (excluded those lost numbers) miners could still be compensated. Those Bitcoins that have been hacked still can be used but not sure those Bitcoin's have been seized by the authorities. What worrying scenario is that if all has been out of control or it wasn't used already.
learning how to secure the remaining Bitcoins in the market is very important and we have to take some responsibility for it otherwise, we are just helping the market to collapse.