Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin exit forever?
by
dzungmobile
on 05/07/2024, 12:12:19 UTC
Bitcoin investment is a wise choice investment that is sure to yield profit and be a good hedge against the inflation going on in any country or for individuals who understand how to DCA properly and trade during favourable market conditions.
I can not describe how much I love and believe in Bitcoin but I have to admit that I don't put all my money in Bitcoin, not now and in future. This principle can apply for any market, any investment portfolio and is one of ways to control risks of your investment and portfolio.

Quote
The forever in this context of Bitcoin's existence is when it gets to 21million coins as projected and calculated, that's if all things remain equal according to the way it was formed. Am sure that the amount of years it would take to get to 21million coins is forever for many of us because generations would have been born, lived fully and have died to hand over to other generations for it to fulfill this mandate.
Jameson Lopp wrote how is the 21 million bitcoin cap defined and enforced and it can answer most of newbie questions on this issue.

It's clearly written in Bitcoin protocol but not all of us can analyze the code from Satoshi Nakamoto and the article explains it more. Even things are clearly coded, there is always conspiracy theory with which the Bitcoin total supply can be changed some day. Believe in this theory or not, it's depends but I don't think too far to 2140, when I will nearly no longer be alive.