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Topic: A Question For Any Coin | When The Cap Is Reached (Read 576 times)

newbie
Activity: 9
Merit: 0
As far as I'm aware, the miners cut is upped to keep the ledger checking incentive there ...
Ox
newbie
Activity: 5
Merit: 0
When you are driving a car and you take your hands off the wheel, what happens? Nothing. The car keeps going forward. Same thing happens when the last bitcoin is mined.
I don't know about that analogy, but I'm inclined to think it could stop moving.
legendary
Activity: 4466
Merit: 3391
When you are driving a car and you take your hands off the wheel, what happens? Nothing. The car keeps going forward. Same thing happens when the last bitcoin is mined.
Ox
newbie
Activity: 5
Merit: 0
Now, I searched around for awhile on google.  It so happens to be that this topic isn't wildly discussed as I thought it'd  be.

Bitcoins have a limited supply able to be mined.

Suppose they lose value when it's reached. Wouldn't all other coins which are dependent on BTC fail, too?

For the greater good, this is unlikely.  It would most likely gain in value.

When coins are no longer able to be mined(supply mined reached), what happens?
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