Sometimes I sit back and wonder about the future of bitcoin.
Over the years, crypto has created opportunities for people to invest, trade and move money across borders. But at the same time, we’ve continued to hear stories of hacked wallets, stolen funds, scams, fraudulent platforms and market crashes. Even major platforms like Binance have experienced security breaches and big whales manipulating prices. Incidents like these make me wonder how safe our funds really are, especially for ordinary people who trust crypto with their hard earned money.
It makes me wonder, What will the crypto space look like in the next nine years?
Will people still have the same confidence in cryptocurrency, or will these security challenges gradually push people away?
I know no financial system is completely free from risk, but I believe trust and security are very important for any financial system to survive.
Personally, I think it’s worth having this conversation.
in 2035 it will likely have value.
In 2055 not so sure.
2009 to 2012 10.5 million mined 10.5 million left
2012 to 2016 5.25 million mined total of 15.75 million leaving only 5.25 million
2016 to 2020 2.625 million mined total of 18.375 million leaving only 2,625,000 coins
2020 to 2024 1,312,500 mined total of 19,687,500 coins leaving only 1,312,500 coins
2024 to 2028 656,250 mined total of 20,343,750 coins leaving only 656,250 coins
2028 to 2032 328,125 mined total of 20,671,875 coins leaving only 328,125 coins
2032 to 2036 164,062.5 mined total of 20,835,937.5 coins leaving only 164,062.5 coins coins need to be over 500k to continue big mining
2036 to 2040 82,031.25 mined total of 20,917,968.75 coins leaving only 82,031.25 coins
2040 to 2044 41,015.625 mined total of 20,958,984.375 coins leaving only 41,031.25 coins
2044 to 2048 20,507.8125 mined total of 20,979,492.1875 coins leaving only 20,507.8125 coins
2048 to 2052 10,253.90625 mined total of 20,980,546.09375 coins leaving only 10,253.90625 coins
2052 to 2056 5,126.953125 mined total of 20,985,673.046875 coins leaving only 5,126.953125 coins price needs to be over 8 million to continue mining
to me if BTC fails due to lack of fees and price it will happen in under 30 years time
so 2035 maybe okay but I do not see 2056 working out well.
if we had done 6 minute blocks
2012 = 2014
2016 = 2020
2020 = 2026 we would be at 6.25 coins per block not 3.125
2024 = 2032
2028 = 2038
2032 = 2044 we would be at 0.78125 coins per block not 0.04882812
2036 = 2050
2040 = 2056
2044 = 2062
2048 = 2068
2052 = 2074
2056 = 2080