Re:Bitcoin falls below $5,000
by berbec on Monday November 19, 2018 @02:09PM
(#18488832)
According to [1], in 2140 each block will give 0.00000042 BTC (big guess based on mining trends). The reward per block goes down as the number of remaining coins reduces.
This introduces a very unstable system. If the price of bitcoin doesn't (double + increase with inflation), as the block reward shrinks, the rewards will become useless.
This introduces a very unstable system. If the price of bitcoin doesn't (double + increase with inflation), as the block reward shrinks, the rewards will become useless.
1: https://bitcoin.stackexchange.com/questions/10486/when-will-...