Re:Nassim Taleb: Bitcoin failed as a currency and became a s...
by rini17 on Saturday April 17, 2021 @07:30AM
(#26843441)
Bitcoin mining is not programmed to end. It has two functions: issuing of new coins and safeguarding transactions. From these two only mining of new coins will eventually end but it still is likely to stay profitable for many decades. Safeguarding transactions, with reward from transaction fees, is programmed to go on indefinitely.
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