Once the 21 million bitcoin have been mined- Will Bitcoin be dead? As it would be pointless to mine such a long blockchain, which will probably be over several hundred terabytes by then- So who will set the prices for mining? The miners? The holders of bitcoin will be held hostage by mining fees, to pay for their equipment, as every transaction makes the blockchain ledger longer. Several angles to ponder. I think this may be the reason XRP Ripple was premined- and the tokens held from offering (It was made illegal in china until the political class was able to buy into it first) then made legal again and it became used in International commerce as immediate payment, so it could be gradually released and contracted, too stabilise pricing more effectively, possibly. Going to be interesting when they break that last block open.......
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