After 2140 - Last Bitcoin mined.

[DannyHamilton]

Instead they thought like you, decided it would be a great idea to save some cash.. and now everyone hates them.  Although everyone hates all politicians sooo who cares.

I never said anything about saving some cash.

I'm just pointing out that 120 years is a lot longer than some people around here seem to realize.

120 years ago...

• Automobiles were just being invented
• Orville Wright was 10 years old, and over a decade away from figuring out sustained heavier than air flight
• Marconi was 10 years old and Heinrich Hertz hadn't even conceived of sending and receiving radio waves yet

Do you really think anyone could have made any decisions about technology in 1884 (or earlier) that would have any merit today at all?

[Nawaytes]

no one can predict how the future of bitcoin, but if you look at the difficulties that go up very significantly. I think would be very difficult at all and require a higher miner to mine bitcoin after 2140.
but it could have been a lot of new miner innovation, evolving to meet the difficulties bitcoin.
btw, I'm not going to live until 2140.

[BurtW]

One thing to keep in mind about this 2140 number is that in the 4 years leading up to the very last block contaning a block subsidy the miners will be making only 0.00000001 BTC per block.  And in the 4 years before that they would be only making 0.00000002 BTC per block and in the 4 years before that only 0.00000004 BTC per block, and so on.

So either 0.00000001 BTC will be worth a heck of a lot by then OR more than likely the fees will have totally swamped this very small and probably insignificant amount of new BTC in each block by then.

This issue of how to pay the miners to keep mining will have to be solved way before 2140.

The hope is that as the block subsidy decreases and fees (volume) increases the cross over point where the fees become more than the block subsidy will happen in time to keep the whole thing going.  This cross over will probably have to happen way before 2140.

[Kprawn]

Ah at last, someone see my point.

No need to get personal, it's just a debate, trying to make improvements now, and making some predictions, on what may or may not happen in future.

spazzdla - You totally missing my point... If the town developers, did think like I did, you would not have needed roads at all. 

BurtW - When do you predict, would the cross over point be?