What Happens When the Last Bitcoin is Mined? Explained
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Top Comments (10)
If you watching this Video in 2140. Just live a day at a time. By now 99.9% of 8 Billion people on earth, we are all dead.
To think the young twenty-somethings to 30 somethings that will celebrate this will not be born for another 80 years!...
And we are not even mentioning the hundreds if not thousands of BTC that have effectively been irrevocably lost over the years as people have lost or forgotten their wallets.
Bitcoin is a concept that works. Until the day it doesnt.
When bitcoin ends, bitcoin 2.0 begins
Bitcoin has to survive a lot in history for the next 114 years to see this through!.. no different than us as a country or even the world in fact starting something back in 1895 to be celebrated today!...
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the $500,000 fee for $200 transaction is an obvious outlier and likely a mistake, shouldn't be included in this commentary
I know one thing, people will even take a loss to mine the very last Bitcoin just to have the prestige of being the person to mine the very last Bitcoin..but it will probably be mined by a government that can afford the costs associated with it.
Then people will look around, scratch their heads and wonder why something that has absolutely no intrinsic value and is bad for the environment was worth anything at all.
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Top Comments (10)
If you watching this Video in 2140. Just live a day at a time. By now 99.9% of 8 Billion people on earth, we are all dead.
To think the young twenty-somethings to 30 somethings that will celebrate this will not be born for another 80 years!...
And we are not even mentioning the hundreds if not thousands of BTC that have effectively been irrevocably lost over the years as people have lost or forgotten their wallets.
Bitcoin is a concept that works. Until the day it doesnt.
When bitcoin ends, bitcoin 2.0 begins
Bitcoin has to survive a lot in history for the next 114 years to see this through!.. no different than us as a country or even the world in fact starting something back in 1895 to be celebrated today!...
🤑 EXCLUSIVE Deals (Bonuses, Discounts, Giveaways) 👉 https://www.coinbureau.com/deals/ 🥇Bybit $60k rewards + 0% maker fees for 30 days 👉https://www.coinbureau.com/deals/trading/bybit-cb/ 🥈OKX $20k bonus + 40% fee discount for life 👉 https://www.coinbureau.com/deals/trading/okx/
the $500,000 fee for $200 transaction is an obvious outlier and likely a mistake, shouldn't be included in this commentary
I know one thing, people will even take a loss to mine the very last Bitcoin just to have the prestige of being the person to mine the very last Bitcoin..but it will probably be mined by a government that can afford the costs associated with it.
Then people will look around, scratch their heads and wonder why something that has absolutely no intrinsic value and is bad for the environment was worth anything at all.