Quote from: DannyHamilton on Today at 08:06:41 PM

Quote from: Ndabagi01 on Today at 09:27:06 AM

Millions of blocks have been mined into the blockchain by bitcoin miners since the currency's creation.

This is not true at all. As of the moment that I'm writing this post, there have only been 770222 blocks mined into the bitcoin blockchain since the currency's creation.

Quote from: Ndabagi01 on Today at 09:27:06 AM

centralized fiat money, which is also decentralized.

Not only is this not true, but you contradict yourself by both calling it centralized fiat money and then immediately saying it is decentralized. Fiat money is NOT decentralized.

Quote from: Ndabagi01 on Today at 09:27:06 AM

History indicates that the first block was mined almost instantly because it had a difficulty of 1.

This is not true. Even at a difficulty of 1 it likely took a while for the first block to be mined on a CPU. It was certainly not "instantly".

Quote from: Ndabagi01 on Today at 09:27:06 AM

According to experts, the last bitcoins will be mined by 2140.

This is a bit misleading. It's impossible to predict the exact date (or even the exact year) that the last fraction of new bitcoin will be mined at this point. There's too much variability and too much time. It will be somewhere around 2140 approximately, but it could be anywhere in a range of many months (or even a few years). It is entirely possible that it could be a year or two earlier, or a year or two later.

Quote from: Ndabagi01 on Today at 09:27:06 AM

We still have a long way to go before we can completely mine the entire bitcoin blockchain.

No. There is no "entire blockchain". New blocks can always be created, forever (or at least for as long as people want to continue to use bitcoin and create blocks).

I like how you gave your point-by-point response on OP's post. Maybe, it will give him clarification on some matters towards bitcoin. But in any case, 2140 or earlier, it is only suggesting that most of us will not be here on Earth anymore when that happens. So wonder if btc will really live that long or will there be new technology that will arise and replace btc? Who knows?