What happens when the Bitcoin Mining Reward Runs out?

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Название	:	What happens when the Bitcoin Mining Reward Runs out?
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Accordin to my calculations, maintaining the block validation capacity in 10 min, and the halving at the same frequency (four years approximately), the miners will reach 21 million bitcoins in 2038! If the processing capacity of the blocks increases, resulting in shorter validation times for the blocks, we can arrive on that day between 2031 and 2035 That’s is veeeeery earlier than you say here in this video!! Hope we can discuss more about this topic!
Comment from : Thiago Brito

Thanks! The only one I found who really tries to answer the question, instead of saying that we will be dead by 2140brSo the fees can go up by market competition and incentivize the miners, while the lightning network allows fast cheap everyday payments I hope the lightning network integrates well with Bitcoin, instead of being a messy patch Very interesting
Comment from : Rubén Jiménez

who pays the fees that miners get? 21m is maxed so can't come from this
Comment from : william9in

Why don’t computers come with small miners inbuilt like USB equivillant power 3watts to keep the transactions going
Comment from : Reviewed Popcorn

i would love to know more about the extremes: What happens when / Why dont we cut the rewards completly with an update What happens when / Why dont we say the Blockreward is constantly 1 Bitcoin with an update? What if we did an Blockreward based on Fee-Amount, like it always sums up to at least 50mBit?
Comment from : shitcoinminimaliser

Outstanding
Comment from : Crypto Conversations

You & your peers have to sort this out, Jimmy Without miners, it doesn't work The difficulty is way to high for most Its all very well to talk about the distant future, but you have real issues to deal with right now Lack of confidence, lack of growth in the real world (and by that, I mean actual business willing to take crypto for a product, it's only there for a minute, minuscule few outsides of the dark web), too many crooks, scammers and thieves, and Asic mining companies only manufacturing for themselves And some of this shit needs moderating its so fekin awefull
Comment from : Nelly Nelson

God bless the day I tried out bernard walters mining system
Comment from : donat ouellet

Is this Satoshi Nakamoto? He knows everything!
Comment from : Frank Korma

Thanks Jimmy These small clips are great
Comment from : William Phillips

Thanks jimmy I think the basic principle of transactions fee is that 1 satoshi is the minimum fee per transaction, this is the lowest fee per transaction regardless of the transaction size What do you think about it? Cheers
Comment from : Aníbal Santaella

Funny how people worry whats going to happen 120 years in the future 5 years is a long time if you want to predict the future, let alone 120
Comment from : TheApnean

I still don't understand why this channel has so few views So informative and very well explained
Comment from : Neil R

Annnd this Song isdone
Comment from : afrotec

As opposed to Monero who's team believes a fee market is unproven and may not be enough incentive for miners That is why they have chosen to stick with a block reward to keep miners incentivised
Comment from : DigitalMiningSolutions

thanks a lot for the explanation unfortunately many bcashers don't understand this and so many other things about real bitcoin!
Comment from : dajosova

Love these short videos
Comment from : TheTomtah

Letting things sort themselves out might end up being far from ideal We let mining sort itself out and I don't think anyone would say things are that great in that departmentbrI understand it's a red flag for many, and almost a taboo topic, but personally I don't see why a small increase in supply indefinitely is so bad Letting reward be 1 btc per block instead of 0 will lead to about 50000 btc yearly inflation, which at 20mil ends up being like 025 I bet the rate at which btc is lost forever due to sloppy practices will be higher than that
Comment from : bspus