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16661985 No.16661985 [Reply] [Original]

If all the Bitcoins are mined, who's going to run the blockchain if there would be no more bitcoins to mine?

>> No.16662053

Literally everyone will stop mining, and everyone's BTC becomes worthless overnight. They become worthless, because txs simply can't move. Basically, there needs to be a hard fork to remove the 21m coin limit, which of course will cause the mother of all dumps when implemented. Bitcoin is flawed from the start.

>> No.16662321
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16662321

>>16662053
>>16661985
NooooooooooooooooooooooOOOOOOOOOOOOO!!!!!

>> No.16662337
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16662337

>>16662053
Never thought about this before. We are doomed! Start the dumppppp

>> No.16662383
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16662383

>>16661985
WHAT THE FUCK NIGGA
IT WAS SO OBVIOUS IT WAS RIGHT IN FRONT OF OUR FUCKING EYES THIS WHOLE TIME

>> No.16662388

>>16661985
transactions have fees fucking retard

>> No.16662392

Keep calm and hodl my niggas

>> No.16662393

>>16662388
uHH BUT IF NOBODY IS MINING. WHO DOES THAT FEE GO TO. HUH RETART??????

>> No.16662396

>>16661985
transaction fees

>> No.16662877

>>16662053
That's why monero wins in the long run, it had tail emission

>> No.16662885
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16662885

>transaction fees

>> No.16662897
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16662897

>>16661985
nobody.
swap all your btc for ether.

>> No.16662962
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16662962

>>16662393
>>16662388
>>16662396
Wont be enough, back in 2017 the blocks were maxed out and tx fees were literally only 4% of a miners income. Bitcoin ironically needs to scale or it will fail. But of course the kikes have taken over core with BlockStream and suppressed any form of scaling (Rip Hal Finney never forget) and pushed their solution, Lightning which conveniently scales WITHOUT giving the TX FEES to the nodes/miners on the mainnet. Do you honestly think <<<They>>> wouldnt do anything to Bitcoin. Screencap this its going to get censored. Also Ironically our only hope is Sergey.

>> No.16662983
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16662983

Fuck i'm so tired of this fucking board pretending to be retarded

>> No.16663040

lol great post A+ content

>> No.16663636

Easy: they gonna soft fork and add 18m more to mine.

>> No.16663650

>>16662877
Tail emission doesn't mean infinite, retard.

1/2 + 1/4 + 1/8 + 1/2^n ... = 1

>> No.16663662

>>16663650
Wrong

>> No.16663667

>>16663650

*in computer science we use INTEGER / SCALAR number not decimal, it's a deterministic and finite world.

>> No.16663678
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16663678

>>16661985
If you know, you know.

>> No.16663708
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16663708

>>16662877
>tail emission
That... sounds great.

>> No.16663851

nobody alive today will have to worry about this issue.

>> No.16663892

if you're so worried, go check how much tx fees sum up to per block
last I checked I made a mental note it's .2-.3 BTC
I get that currently that makes barely 2% of the mining reward, but it'll make almost 5% next year, and it'll only become more significant as time goes on, of course the fees might go up, down, most likely in circules, but they're still there, and they constitute an amount.

>> No.16664764

>>16661985
Markus Persson. He is an avid expert in the field of mining.

>> No.16665381

>>16661985
is she looking at my peepee? :(