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/biz/ - Business & Finance

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13591554 No.13591554 [Reply] [Original]

riddle me this /biz/. when all 21m btc are mined and no one uses btc for on-chain transfers, what will happen

>> No.13591571

>>13591554
miners still get fees.

>> No.13591574
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13591574

You will hopefully still have a good coffee.

>> No.13591582

>>13591554
On chain transactions continue alongside off chain miners are incentivised thru fees.

>> No.13591602

>>13591554
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

>> No.13591628

>>13591571
>>13591582
>they mined btc worth 100mio daily
>inflation stops
>now they get tx fees worth 1mio daily

>> No.13591642

>>13591602
how do you make 1 sat transfer with 1$ tx fee?

>> No.13591696

>>13591628
Fees can go up fren

>> No.13591706

>>13591642
You fund your ln channel.

>> No.13591735

>>13591706
if I transfer funds on ln, will miners profit from this fees?

>> No.13592357
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13592357

>>13591706
>There are still people who believe in Lightning

OH NO NO NO HE FELL FOR THE SCAM XD

>> No.13592373
File: 410 KB, 800x1200, B5989411-B2D1-41CE-8207-5708C071A4B3.jpg [View same] [iqdb] [saucenao] [google]
13592373

Bitcoin biggest scam in crypto. Dinosaur coin will eventually be btfo’d. Screencap

>> No.13592374

>>13592357
LMAO

>> No.13592435

>>13592357
I'm literally dead from this

>> No.13592516

>>13591696
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

>> No.13593244

21mm BTC will never be mined. Because that implies BTC still alive in 2140.

BTC dead before 2028 confirmed.

>> No.13593342

>>13592357

Is this real? what the fuck hahaha

>> No.13593363

>>13591554
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.

>> No.13593556
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13593556

>>13593342
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

>> No.13593565
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13593565

>>13593556

>> No.13593576
File: 97 KB, 1012x723, adam_back_lose_your_coins.jpg [View same] [iqdb] [saucenao] [google]
13593576

>>13593565
>LIGHTNING IS BITCOIN
>LIGHTNING IS BITCOIN
>LIGHTNING IS BITCOIN

Repeat until you believe.

>> No.13593577
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13593577

>>13591642
>implying $ wouldn't have collapsed by 2140