What happens when all the bitcoin available is owned?
What happens when all the bitcoin available is owned?
From what I just understood, new bitcoins will be completely unavailable to obtain after 2040. If there is a finite amount that is known to be possibly owned and it all can be accounted for, and it can be publicly known who holds “x” amount, does that eliminate the illusion of power forever across the world’s governments?
Does the amount to be “known” to be owned by Satoshi create an illusion that the market can be saturated at any time and the world turned upside down at a moments notice, thus preventing future Cold War-like peacocking-confrontations based off “current” knowledge of the market availability of the currency?
You understood wrong. Mining the last BTC will happen way into the 22nd century.
Also after BTC remains “obtainable”. Someone just needs to sell you some.
The rest of the questions don’t make sense to me. Is government power an illusion? If so how would BTC affect it. It also isn’t that simple to know who owns what BTC. Despite the ledger being public, you can obtain it anonymously.