Re:U.S. Secret Service Launches Cryptocurrency Awareness Hub
by SketchySeaBeast on Wednesday February 23, 2022 @09:58AM
(#30441678)
So, assuming it's around that long, what happens in 2140? Infinite value?
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Re:U.S. Secret Service Launches Cryptocurrency Awareness Hub
by barnabee on Wednesday February 23, 2022 @10:04AM
(#30441765)
Miners still receive it from transaction fees, so no. Although the economics of keeping the network secure in the face of no new bitcoin being created and many txns happening in side chains or rollups (or not happening at all) are untested.
Re:U.S. Secret Service Launches Cryptocurrency Awareness Hub
by luciusdomitius on Wednesday February 23, 2022 @11:18AM
(#30442715)
Not really. Historically, no global currency since the Byzantine Solidus (whose practical dominance vaned with the Fourth Crusade in 1200-something) has lasted longer than 80-100 years. So, Bitcoin isn't even trying to do so.