Bitcoin will NEVER reach 21 million coins!!!!

in #bitcoin7 years ago

Wow, now that is something I never knew before. Everyone always says the last bitcoin will be mined in 2140 and it will be that 21 millionth one. 

THIS IS NOT TRUE!!!

The protocol is asymptotic, meaning that it is designed in such a way that 21 million will NEVER be reached!

It IS true that in 2141 no more bitcoin will be issued.

The more I learn about Bitcoin, the more excited I get.

My grand daughter will NEVER have a bank account, she will NEVER use paper money. WOW!

Are you excited about Bitcoin and the enormous impact it will have on our world? Banking the 4 billion people who are underbanked and unbanked? I am!!!!

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It's awesome I'm a little concerned the government will shut it down though. Love it your granddaughter doest use paper money. Good luck.

I remember I think in economics class we learned about this one culture where they used these huge sandstone discs for money, with holes in the middle of them but I think still impossible to carry Kind of like the one that Obelix carries in the cartoon books Asterix and Obelix, you know?

I'm really curious now what does it mean when you say the protocol is asymptotic?

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