šØ Bitcoin's "End Game" Is Here: A 100-Year Fuse or the Ultimate Evolution? š£$BTC
With 94.3% of all Bitcoin already mined, weāre inching toward the final chapters of one of the most daring economic experiments in history. But hereās the twist thatās turning heads: what happens when the miners stop mining?
The Current Reality:
Only 1.2M Bitcoin remain to be minedāscarcer than millionaires in Japan.Miners depend on block rewards for 98.2% of their revenue (a whopping $28M daily).Transaction fees contribute just 1.8% ($500K daily)āa drop in the ocean.Between 2-3M BTC are already lost forever due to forgotten passwords.
The Looming Dilemma:
By 2140, Bitcoin block rewards drop to zero. The entire security of the network will rely on transaction fees. Hereās the trillion-dollar conundrum:
1ļøā£ Will Transaction Fees Skyrocket?
For miners to sustain operations, fees might need to rival international wire transfer costsāor even surpass them. Imagine paying a premium equivalent to luxury car prices for a simple transaction.
2ļøā£ Can Bitcoin Remain Secure?
If fees stay low, miners might abandon the network, leaving Bitcoin vulnerable to attacks. The worldās most valuable decentralized network could end up secured by the equivalent of a mall copās salary.
3ļøā£ Scarcity and Demand: Hope or Hype?
With so few Bitcoin left to mine, and millions lost forever, weāre betting the future of Bitcoin on the assumption that future generations will value it enough to pay top dollar for transactions.
The Big Question:
Are we building a trillion-dollar network on shaky assumptions, or is this a temporary hitch in Bitcoinās ultimate evolution?
Your Take: Survival or Crisis?
The clock is ticking, and the Bitcoin network is on the edge of transformation. Is this a 100-year security crisis in the making, or the natural progression of a groundbreaking system?
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