Every 10 minute in year 2125 as block rewards.
Almost all other bitcoin have been mined prior to this, and is probably all held in custody by hedgefunds and governments.
Your family holds more BTC than this.
A lot more.
How many years from now do you think this will still be true?
10 years? 50 years?
Will your great-grandchildren become no-coiners?
https://i.redd.it/qgh4wvhhl5ag1.jpeg
Posted by FromThePits
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0.00000009 BTC is mined every 10 minute in year 2125 as block rewards.
Almost all other bitcoin have been mined prior to this, and is probably all held in custody by hedgefunds and governments.
Your family holds more BTC than this.
A lot more.
How many years from now do you think this will still be true?
10 years? 50 years?
Will your great-grandchildren become no-coiners?
Or will they own more than one block reward by then?
When I buy small amounts today I tell myself that someday what I’m buying will be the block reward.
It’s a race against time and human error.
Very true Neofire2020
Your family will not lose your bitcoin
They will sell your bitcoin to others and they will never recover back to what once was.
Eventually all BTC will sit in treasuries and balancesheets
– not in your familys wallets.
I wonder how much startegy will be worth by then amd how much of the supply of btc have they accumulated
Also a thought I think is very interesting: Satoshi mined the first block with 50 BTC in 10 minutes.
It will take the whole world-wide mining network a whole 57 years (from 2083-2140) to mine the last 50 BTC.
When that happens, what do you think the price of BTC will be? Everything has to be profitable.
It will never be true. Bitcoin is done. Millions and billions of dollars or scan the traded and misled. Only good thing about cryptocurrency is nothing but the technology block chain was the goal and reward
I remember buying the block reward for the price of a used car. I am so glad I still have them.
Only time will tell
I will never understand this about the Bitcoin community, the original purpose of Bitcoin was for us to escape the grasp of the government, hedge funds, and Wall Street.
Now as a community we praise them getting involved, So what do we want? The wealth just be concentrated at the top, The same structures still in power and have the same problems, that we’re facing today? The only difference is instead of Fiat currency, It’s BTC.
And you think having a Bitcoin or two is going to make a difference, when the inevitable outcome of governments and hedge funds getting involved is them owning the vast majority of BTC
Because there’s no way in the future, when governments/Wall Street becomes involved with BTC, They won’t pass legislature to seize Your wallet on behalf of the state. There’s no way that hedge funds will lock arms and prevent you from selling.
No they’re going to totally work by the rules of decentralization. They’re just going to relinquish control out of respect 🤣😂🤣