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RE: When the last bitcoin is mined

in #bitcoin7 years ago (edited)

Just listened to Trace Mayer. You owe it to yourself to listen to Trace, he is very brilliant when explaining bitcoin. And basically the answer is that bitcoin could "create" more bitcoin by updating the protocol. It wouldn't necessarily create more bitcoin, but it would allow bitcoin to be divided. As in more decimal points than there are right now in a satoshi. So if need be, it can be broken down if the price of 1 satoshi gets too big. Which makes me thing that Bitcoin really is starting to look like an almost perfect money. To the moon it goes!