riddle me this Jow Forums. when all 21m btc are mined and no one uses btc for on-chain transfers, what will happen
Riddle me this Jow Forums. when all 21m btc are mined and no one uses btc for on-chain transfers, what will happen
Ryan Sullivan
Thomas Parker
miners still get fees.
Samuel Gutierrez
You will hopefully still have a good coffee.
William Torres
On chain transactions continue alongside off chain miners are incentivised thru fees.
Cooper Long
It’ll be used for a loooooong time. 1 sat would be enough to get you some food. There will be enough circulating until everyone lose there private keys in the internet void
Nathaniel Barnes
>they mined btc worth 100mio daily
>inflation stops
>now they get tx fees worth 1mio daily
Evan Jackson
how do you make 1 sat transfer with 1$ tx fee?
Nathan Morales
Fees can go up fren
Josiah Powell
You fund your ln channel.
Easton Cooper
if I transfer funds on ln, will miners profit from this fees?
Easton Baker
>There are still people who believe in Lightning
OH NO NO NO HE FELL FOR THE SCAM XD
Liam Price
Bitcoin biggest scam in crypto. Dinosaur coin will eventually be btfo’d. Screencap
Samuel Martinez
LMAO
Sebastian Rivera
I'm literally dead from this
Ryder Peterson
how? you're still bound by transaction count, bitcoin is already running at capacity. nobody is going to pay $1k per tx. even in the bagholder vision of lightning hubs solving scalability, that means everything is fucked: if layer 1 is not accessible to normal people anymore, then everything must go through a middleman, and we're back to a centralized system
barring plain collapse, i think the most likely scenario is for bitcoin to eventually adopt rational scaling solutions, once ethereum has pioneered the way (or another crypto if ethereum fails)
a lot has changed in the first 10 years, it's likely bitcoin governance will be even more different 10 years from now
Jose Lee
21mm BTC will never be mined. Because that implies BTC still alive in 2140.
BTC dead before 2028 confirmed.
Aiden Rodriguez
Is this real? what the fuck hahaha
Jaxon Cooper
By the time this is an issue, there will be the bigger issue of needing to get away from using sha-256 and possibly any modulus size.
Jacob Butler
What do you mean real? It's the revolutionary and and perfect scaling solution for the new world monetary system! How do you dare even pose such a question?
That moment when you realize that the emperor has no clothes
Brandon Peterson
Kevin Hill
>LIGHTNING IS BITCOIN
>LIGHTNING IS BITCOIN
>LIGHTNING IS BITCOIN
Repeat until you believe.
Alexander Walker
>implying $ wouldn't have collapsed by 2140