Post
Topic
Board Beginners & Help
Re: what will happen after 21 million bitcoins are mined? (in layman's terms)
by
cryptoaddictchie
on 21/09/2022, 03:32:15 UTC
I've been asked this questions many times, but it feels to me like I know answer it in the right way. I would like to know what do you think, and how you explain it in the most simple way, a way that people that are not technical can also understand
Miners adventures on bitcoin will come to an end. But their equipments will not be wasted since they can use it to mine other supplied last coins like dogecoin and others. The value of bitcoin will depend on demand, imagine there would be no bitcoin to circulate coming from them, imagine the action price or effect of it in the long run. It will also be good I guess.