RE: What Happens When All the Bitcoins are Mined?

avatar

You are viewing a single comment's thread:

The difference with gold is that we still haven't reached all the gold that can be mined, but banks have shifted from using gold as a backing to just simply printing money. Luckily, nobody can "print" more BTC once the limit is reached.
Someone could fork it though.



0
0
0.000
4 comments
avatar

Right I don't think we ever will reach to where we can mine all the gold I think there's plenty that's humanly impossible to get to, and few amounts that hasn't been discovered yet. I used to think when i was noob at one time that they did create their own money with bitcoin and crypto like it was possible, than I seen what tether was lol

0
0
0.000
avatar

Lol, Tether is pretty much just like how banks are printing money and cause inflation. A lot of it comes from nothing instead of being backed. No matter where you go, people will keep repeating certain processes.

0
0
0.000
avatar

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

0
0
0.000