OP 05 December, 2022 - 07:43 PM
I would like to pose the following question to the shurs that swarm around here, to see if you give me a different approach, because I think we are only 10 years away from a possible paradigm shift that does not seem to be questioned or is not given the relevance that I think it has.
If I am not mistaken it is estimated that between 2030 and 2032 (this is just around the corner) 99% of Bitcoin will have been mined, but as the production rate will be lower it won't be until about 2140 when the last Bitcoin will be mined as many of you already know....
In practice sometime before the end of this decade the profitability of mining will be very low if we look at it from the point of view of Bitcoin appearing out of nowhere to reward the miner. Therefore we will be in a situation where we could say that the limit has been reached, although fortuitously there will still be some rewarded until 2140.
But what will happen when the limit of 21 million Bitcoin is reached? This is a big question whose answer will depend, in part, on the acceptance of the cryptocurrency at that moment, I imagine...
So I understand that in order for the miners not to disappear we will have to raise the commissions....esto how would it be done? Would it be accepted? is it viable without screwing it up?
Will there be a fork? to lift the limit? Or are we a decade away from being definitively established as a confirmed reserve of value?
If I am not mistaken it is estimated that between 2030 and 2032 (this is just around the corner) 99% of Bitcoin will have been mined, but as the production rate will be lower it won't be until about 2140 when the last Bitcoin will be mined as many of you already know....
In practice sometime before the end of this decade the profitability of mining will be very low if we look at it from the point of view of Bitcoin appearing out of nowhere to reward the miner. Therefore we will be in a situation where we could say that the limit has been reached, although fortuitously there will still be some rewarded until 2140.
But what will happen when the limit of 21 million Bitcoin is reached? This is a big question whose answer will depend, in part, on the acceptance of the cryptocurrency at that moment, I imagine...
So I understand that in order for the miners not to disappear we will have to raise the commissions....esto how would it be done? Would it be accepted? is it viable without screwing it up?
Will there be a fork? to lift the limit? Or are we a decade away from being definitively established as a confirmed reserve of value?
). I don't really think there's a good way to predict how it'll end up looking but I'm very interested as to how the last coin being mined will play out. Whether there will be a fork to do something similar to what you mentioned, or if we'll just accept that mining is in the past.
![[Image: giphy.gif?cid=790b7611973c235bf6fedb8e06...y.gif&ct=g]](https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fmedia0.giphy.com%2Fmedia%2FaApWqsBKOzhLDaA4tQ%2Fgiphy.gif%3Fcid%3D790b7611973c235bf6fedb8e06510ed840a66221429d0b98%26amp%3Brid%3Dgiphy.gif%26amp%3Bct%3Dg)
