I'm wondering about the lifespan of Bitcoin. Specifically, I want to know how long
BTC will continue to exist and be relevant in the financial market.
5 answers
Sara
Fri Dec 20 2024
According to projections, the last bitcoin will be mined in the year 2141.
MysticInfinity
Fri Dec 20 2024
The concept of a finite supply of bitcoins is integral to Bitcoin's design.
LitecoinLodestar
Fri Dec 20 2024
Once all bitcoins have been mined, miners will have to rely on transaction fees to incentivize the validation of blocks.
Chloe_martinez_explorer
Fri Dec 20 2024
This limitation ensures that the cryptocurrency remains scarce, thereby maintaining its value over time.
Bianca
Fri Dec 20 2024
With each halving event, the mining rewards decrease, gradually reducing the number of new bitcoins entering the market.