| Final Countdown | ??What Happens When BTC Block Rewards Hit ZERO??

The law of supply and demand doesn't dictate that when supply decreases demand increases. As the supply decreases, the price/value of the good increases given unchanged demand.

I will not worry about it, i am not going to live that long . .

With Hedera Hashgraph coming blockchain won't be a worry

It's bcash, btw.

Maybe BTC will be the $100 bill and LTC the $25 bill.

I share your sentiments for wishing to live for 500 years. I would love to see how it plays out. ?

Is it really going to zero or is it cut in half all the time?

Heidi looking prettier every time I see her….how is that possible?!

your the heathiest looking person ive ever seen

I don't really like Bitcoin governance . I didn't vote for the people because I don't have unlimited hash rate. I rather deal with dpos,stake coins in and have a say right away. And vote for the nodes transparently. It is a great idea . But we have to improve governance of the repo.

Quantum computers and very smart artificial intelligence will probably be doing the mining reducing the mining fees to a microscopic level and we probably won't have to wait until 2140 to see that. We are probably 10 years away from this.

There is no way to stay with POW, its very expensive to secure network and also wasting of resources. I think POS + Cold staking + staking pools + static low inflation is the way.
Try to insert numbers and calculate 🙂
(maximum number of masternodes) == (BTC circulation supply) / (masternode collateral)
(incentives per month by one masternode) = ((blocks per month) * (block reward) * (BTC price)) / (maximum number of masternodes)
(inflation in %) = ((blocks per year) * (block reward mn+staker)) / ((BTC circulation supply)/100)

Interesting and informative.Thanks. ?

Perhaps cross chain atomic swops between coins will come into play, and secondary networks and coins also as time passes?

too pretty

nice take on maximalism 🙂

why will there always be nodes willing to process transactions for free? thanks!!

Bitcoin is technology and all tech is eventually replaced by something better.
Do we all still use flip-phones or access the Internet via Dial-up modems?
And for those betting on Bitcoin "mooning" after next years "halvening" event take a good look at Litecoin's current $73 compared to ATH price of $375.29 on 12/19/2017.
FYI: I do own 2 Bitcoins but I view them as a economic meltdown hedge (+ Gold&Silver).

World wont survive for another 100 years everything is going for destruction economy collapsing one world gov slave system coming with the mark of the beast what ever happens do not get the chip jesus will not forgive u nwo is a luciferia. satanic system which will be rulled by the anti christ

Madam supply and demand only works sometimes, I don't see anyone demanding dialup modems, or beepers. See sometimes the fad passes and the thing becomes obsolete.

Sidetrees like what microsoft is doing seems interesting

Agreed ??

Who cares, all here will be long dead.

Bitcoin is not the major coin! There is one other. And this ONE will rise very very soon to be the one coin all others will pale in front of, yes bitcoin also!

2140…we will all be dead 🙁

Are you on Twitter?

In 2140 certanly we all will be dead.

What will it take for computer manufacturers to include miniature ASIC miners in all new computers? Those ASICs wouldn't have to be powerful at all to make BTC much more resilient to governments using "the nuclear option" against BTC. (Technical people probably fell from the chair laughing at "miniature ASIC miners"). Don't judge me, I'm 7!

Bitcoin had to happen. The current system alone is unsustainable. The financial crisis of 2008 made that clear.

I'm not sure how the mining incentive will evolve. But I tend to agree with Satoshi that some people will process transactions for free. Out of altruism and self-interest. Much the way BitTorrent works today.

There are a lot of exciting technological cryptocurrency innovations on the horizon. And more are sure to come.

I remember the first Bitcoin public clients. So exciting! Everything I needed in one complete, tight, fast financial utility. I would just stare at my computer screen for hours. Trying to take it all in. Trying to wrap my mind around the elegance and enormity of it all.

My sense is that Bitcoin is on a wonderful and fantastic journey back to its roots..??

Bitcoin is programmable money, meaning it can evolve. I'm sure we'll think of something within the next 120 years.

You asked for our thoughts? Bitcoin in 120 years?
Like a cloud dropping rain I am discarding all thought, leaving puddles on the ground. "Eddie Vedder/Pearl Jam"

I think there is a war coming between AI, blockchain, and quantum computing, where information, electricity, and computing power are the ultimate prizes, with humans as nothing more than collateral damage. The post-AI, post-blockchain, post-quantum world will be ugly, empty, and dark inside, because technology has a silicon heart full of scorpions, where Mandelbrot never lets you die, and Schrodinger's cat dies and lives an infinity of times, and you are forced to experience every exquisite second of it in every cell of your body. IMO.

Good stuff, always enjoy your content.

What will happen to Litecoin when BTC halving takes place?

Crypto tips is underestimating the significance and potential of Bitcoin. That's ok.

i haven't watched the video but i wanted to give a guess before listen, i will watch it just after.
Our economy show exponential grow so we need exponential monetary mass, bitcoin is deflationary the price must go up exponentially. the reward divide by two every 4 years will never catch up with our need of monetary mass which probably follow the moore law (double every 2 years)
btc reward never go to zero, we just fork to add zero (also needed for practical reason , when btc will hit 100 millions we are not gonna able to price product who worth less than 1$
so in 100 years miner will be reward in some nanosatoshi by block (1 nanosat= 1 billions sats)

There will probably be another resolution that we haven't thought about yet in 100 years.

Plumeria Rubra, National flower of Palau. Always great and always informative! Salute Sister Heidi

I think we need to understand what a transaction “will be” differently. Sidechains. ???.

Youtube would be my first Career choice if I was a hot female. Unfair competitive advantage! Reverse feminism bitches!

You're awesome! Thanks for sharing your thoughts.

I think the cryptography of bitcoin will be cracked by quantum computing AI long before we reach the zero reward. People always say their cryptography can't be cracked but it always ends up being cracked. Just a matter of time for bitcoin but we are all safe for at least a five years, probably longer.

but when MOON?

Please !!!!!’ Get to the point , 2-minute introducción it’s too much

thank you

THANKS FOR THE INFO

Which is the Better Exchange Website for Crypto Currency Exchange?

Sad that you did not make the one point that two completely different things are going on in the first transaction that is on every block that is called the Coinbase. One thing that happens there is all the transaction fees are collected and payed to the miner. This will go on as long as the blockchain is alive and any participant can decide for themselves if the fee is economical enough to use it. If it is too expensive to move your Bitcoin on the blockchain you can still sell your coins. Just find someone willing to buy your seed , hardware or paper wallet. As a buyer I wouldn't consider the transaction done until the coins were moved to an address that I control several blocks deep. I would factor that cost into what I offered for the coins. I believe there is value in actually publishing a transaction on the blockchain.

The other thing that happens in the coinbase is the miner reward that is currently at 12.5 BTC per block. How does a decentralized network fairly distribute the units of account? What does the network need? Security! How do you get it? maximize the number of mining nodes. How do you do that? Subsidize it!! When you subsidize something you get more of it. I Read recently this comparison. Count all the grains of sand on Earth, imagine that number and multiply it by 9. That is how many hashes the miners are presently trying every SECOND. Subsidizing the miners was a great way to distribute the 21 million Bitcoins but the function was to distribute them, it wasn't done to reward the miners it was only a happy for the miners side effect.
As the subsidy diminishes we'll see if this experimental peer to peer electronic cash system actually works.

I guess it will always be changing so whatever works now is the solution one needs. Listen to Steve Winwood and ROLL WITH IT BABY…..

Bsv is the real bch which is the real btc ???