WingNews logo WingNews
top | item 34692835

(no title)

TomGullen | 3 years ago

Temporarily deflationary, when all Bitcoins are mined what happens next?

discuss

order

ly3xqhl8g9|3 years ago

If by some weird magic I had today all the BTCs forever locked in Nakamoto's wallet, currently around $23 billion, I would give them all away just to be able to live in 2140, the year the last BTC will be mined. So I guess BTC is actually a currency after all, haha.

SuoDuanDao|3 years ago

presumably, a static supply in a growing(?) economy means it continues its deflationary dynamics.

TomGullen|3 years ago

And the miners would all shut down because no one's transacting with it