đš Bitcoin's "End Game" Is Here: A 100-Year Fuse or the Ultimate Evolution? đŁ$BTC
With 94.3% of all Bitcoin already mined, weâre inching toward the final chapters of one of the most daring economic experiments in history. But hereâs the twist thatâs turning heads: what happens when the miners stop mining?
The Current Reality:
Only 1.2M Bitcoin remain to be minedâscarcer 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)âa 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. Hereâs the trillion-dollar conundrum:
1ïžâŁ Will Transaction Fees Skyrocket?
For miners to sustain operations, fees might need to rival international wire transfer costsâor even surpass them. Imagine paying a premium equivalent to luxury car prices for a simple transaction.
2ïžâŁ Can Bitcoin Remain Secure?
If fees stay low, miners might abandon the network, leaving Bitcoin vulnerable to attacks. The worldâs most valuable decentralized network could end up secured by the equivalent of a mall copâs salary.
3ïžâŁ Scarcity and Demand: Hope or Hype?
With so few Bitcoin left to mine, and millions lost forever, weâre 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 Bitcoinâs 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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