Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
aminorex
on 09/04/2014, 17:06:52 UTC
Not quite. Miners will do whatever gives more benefit to themselves.  Is the 21 million BTC cap good for them?

Yes, it is.  Without it, their BTC would become worthless.

I'm quite sure that BTC will be destroyed by miners one day, not because it is in their interest, but because people do things which are against their own interests.  But that will not happen before we can switch to a more distributed protocol with higher immunity.