01-20-2023, 03:31 PM
What happens once every BTC has been mined?
<!-- SC_OFF --><div class="md"><p>So apparently the estimation is 2140 until all BTC is mined. So talking about the really long term, what happens once it’s all mined?</p> <p>Who validates the transactions? ETH no longer can be mined, so that seems to have an eternal life. </p> <p>But once all BTC is mined, no one will want to validate transactions for obvious reasons. </p> <p>So does the original system of mining no longer be a thing for Crypto? </p> <p>And what happens to all the coins that can be mined when they run out? </p> <p>Has this happened yet to any coins, and what happened to the transaction due to no miner using their computer. </p> <p>Issue is, since we don’t know who Satoshi is, he could be dead for all we know. </p> <p>So if no one has control of BTC, it can’t be changed to POS, right?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Only1Shock"> /u/Only1Shock </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10grn7s/what_happens_once_every_btc_has_been_mined/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10grn7s/what_happens_once_every_btc_has_been_mined/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>So apparently the estimation is 2140 until all BTC is mined. So talking about the really long term, what happens once it’s all mined?</p> <p>Who validates the transactions? ETH no longer can be mined, so that seems to have an eternal life. </p> <p>But once all BTC is mined, no one will want to validate transactions for obvious reasons. </p> <p>So does the original system of mining no longer be a thing for Crypto? </p> <p>And what happens to all the coins that can be mined when they run out? </p> <p>Has this happened yet to any coins, and what happened to the transaction due to no miner using their computer. </p> <p>Issue is, since we don’t know who Satoshi is, he could be dead for all we know. </p> <p>So if no one has control of BTC, it can’t be changed to POS, right?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Only1Shock"> /u/Only1Shock </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10grn7s/what_happens_once_every_btc_has_been_mined/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10grn7s/what_happens_once_every_btc_has_been_mined/">[comments]</a></span>