Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by em3rgent0rdr on Friday December 08, 2017 @11:44PM
(#15884339)
> "How is it going to play out once all coins are mined?"
Difficulty, transaction costs, competition with other coins (and off-chain networks/sidechains), and the market price of bitcoin will all hopefully & probably settle around an equilibrium that is sufficient to incentivize enough miners necessary to maintain the security of the network.
Difficulty, transaction costs, competition with other coins (and off-chain networks/sidechains), and the market price of bitcoin will all hopefully & probably settle around an equilibrium that is sufficient to incentivize enough miners necessary to maintain the security of the network.