Will There Be More Than 21 Million Bitcoin?

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Информация о Will There Be More Than 21 Million Bitcoin?

Название	:	Will There Be More Than 21 Million Bitcoin?
Продолжительность	:	5.16
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Просмотров	:	27 rb

Awesome video, never thought of this but its actually really clever! Would love a video of a deepdive into the bitcoin code repository, maybe 10-20 min total Just an idea, lot of devs never looked into the code I assume
Comment from : dcts

So changing the 21 Million cap means it's not Bitcoin anymore but changing from PoW to PoS doesn't mean it's not Bitcoin anymore? What is the criteria for changes that keep the Bitcoin brand and changes that don't?
Comment from : Pedro Romero

There's probably be less Bitcoin and less and less and less 😅
Comment from : Viki The Viki

best guy forlearning inbitcoin space🎉
Comment from : orezgeri

This is the best explanation I heard on the limit factor of Bitcoin Simple and to the point! WOW
Comment from : CFO Hire by Asad

Which would be worse:bra) going to POS, but retaining the 21M cap; orbrbrb) allowing for a "tail emission" like monero has but retaining the POW protocol?brbrBetween the two, I'd much prefer a "tail emission"; that way, the decentralized nature of bitcoin would be retained If bitcoin goes to POS, it'll become too centralized too easy for governments to take it down
Comment from : dlukton

There will be tail emissions down the road, that's for surebrI think what ethereum is trying to achieve is more adequate: elastic supply
Comment from : flyhunterz

How to get into the venom testnet please help its a gem i dont wanna miss out
Comment from : kasugai Mango

Yo estoy sumamente preocupado porque en el año 2140 ya no se podrán minar más bitcoines
Comment from : Roberto Walsh

Andreas the legend I've been listening to you since 2012
Comment from : FindingUFO

How is anybody still listening to this pathetic scam artist? BTC is not bitcoin
Comment from : Horizon Variations

By who is determined this 21 mil? Who determined this number can change to more isn't it?
Comment from : Swami Brahmavadin

He doesn't deny that bitcoin security model is broken
Comment from : Cormac Taylor

BSV is true Bitcoin model Turing complete and set in stone
Comment from : Matthew McIntyre

Bitcoin can halve infinitely It's infinitely divisible By that point its price would be so high that the value of the sats being issued would be higher! brThere is no worry
Comment from : General Salami

If the choice was up to me, I would much rather abandon the 21 million Bitcoin cap than move away from proof-of-work to something less secure like proof-of-stake brbrIf there is a consensus among the Bitcoin nodes, bany/b change to the protocol is possible If there is a consensus among Bitcoin users that a certain change is in the ecosystem's best interest, there isn't any part of the protocol that is off limits in theory The difference between Bitcoin and alt-coins is that there isn't a central group that can force change
Comment from : French Marty

The 21 million hard cap is a very unique trait that Bitcoin pioneered
Comment from : Discover Crypto

The existing Visa credit card network processes about 15 million Internet purchases per day worldwide Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost It never really hits a scale ceiling br brHow about that as a definition of what Bitcoin is? Seems like BTC changed already compared to Santoshi's vision?
Comment from : 🤍 Le phoenix Windheart 🤍

Great explaination Thanks
Comment from : Kesey

Someone please enlighten me!!!!brHow is 21 Million Bitcoin enough for the whole world? If rich people keep buying and HODLing most of it specially the one who got in the beginning how is it fair for the late people trying to get in at such a high price? brHow does this fix the current system? How is it any different? How will this fix the world poverty? I have yet to find an answer that makes sense… anyone can help understand please?brI understand it's centralized and it's not controlled by the government but now it's controlled by greedy people so what's the difference?
Comment from : LAGirly Shop

Thanks Genius!
Comment from : Gustavo Di Laudo

Hi is it possible to find unconfirmed BTC transaction ? the only info I have is my BTC address , one of the received transactions disappeared and now I can't find it
Comment from : michal s

bitcoin going in wrong direction and all other coins also
Comment from : ante martic

wellin 2010 it happened, an attacker almost made 16B of bitcoin Si technically it can happen
Comment from : tasss550

Is this a re-upload?
Comment from : putyograsseson

Great content as usual Much appreciated!
Comment from : Dr Ankur Pathak

I love worrying about things that will have to be dealt with 100 plus years from now when I'm long gone The technology that will exist in the future will most likely make this problem a moot point Cheers!
Comment from : Blade Runner6997

there will always be an altcoin worth more than bitcoin why because their will be scam
Comment from : Ddlj Ddlj

One question regarding this: wouldn't it be possible to change the division of Bitcoin? Let's say 1 Satoshi will become dividable by 1000 on the Bitcoin Blockchain which makes the amount of bitcoins thousand fold And when you can divide a thing indefinitely, it basically becomes unlimited in issued Value Would the answer be the same: fork??
Comment from : Falco Punch

It cannot be changed
Comment from : CryptoSkinz

👇Intellectweb s
Comment from : Bradley

Hello, I think I haven't seen this question before Can you use your private Keyes to access your Bitcoin from any Bitcoin wallet?
Comment from : Mike Friz

Thanks for this, Andreas Highly appreciated
Comment from : Unit 01

Time will tell how Bitcoin ecosystem evolves and if an inflation fork will be necessary It depends on how widely it will be used and how often through 2nd layers If we can keep growing the market size, there may be another decade or two without having to address the issue brbrOne thing that may bite back is how much analysts talk about the hashrate It would be fine even it doesn't grow more or even decline a bit We can have a growing market regardless
Comment from : Helio

So there will always be an infinitesimal amount of btc issued for every new block?
Comment from : Mark Dunetz

Obviously, there won't be more than the amount but it's best to take your share nowbrjust buy and HODL keeping my coins on atomic wallet
Comment from : Blockchain Bee

10 sats every 10 min is 1 btc every 190 years
Comment from : IOI-338645 MvB

Did you really make a logo out of your hairline ?
Comment from : rimzim

Thank you
Comment from : George Mcnaughton

You need to talk about fee structure If there is no bitcoin created anymore Is the fee enough to make miners hold up the security? What if most people in 100 years use 2nd or 3rd layer instead of on chain so not much is going on the actual bitcoin Blockchain?
Comment from : Daniel Dipo

I disagree with the esteemed Mr Antonopoulos on this one I know my opinion is in the minoritybrbrIt is my belief that once BTC's inflation rate gets below 1 and especially below 05 (about 2-to-3 halvings from now) there will be a big legit push for a by-consensus hardfork to change this supposedly sacred 21 million number I imagine it will likely instead be to a constant inflation rate, such as 05 per annum There will be an inflection point at which the mining incentive will increasingly be too low to adequately support the security of the BTC network Transaction fees won't be enough Transactions are moving to second layer solutions and there is a finite scope of 1st layer transactions that the protocol can handle
Comment from : sunchips5

Let’s be real If the US is going to build a Digital Coin, what blockchain will they us??? Bitcoin? No Eth??? Lol, no Ada??? Hahaha nope!!! Xrp?!?! You kidding me…brbrDigibyte!!! It’s a no brainer!!! brbrAnd I know most of you Bitcoin Max’s know this!!!
Comment from : Space Man

Concern isn’t with the code, it’s human nature We could be lazy enough to start using paper bitcoin, akin to paper gold
Comment from : wrexxy

If Bitcoin would ever change to PoS, that would also create a fork and we would call the PoS coin a sh!tcoin The Bitcoin main chain will stay PoW forever
Comment from : Robben4days

I guess getting to 21 million btc is like trying to reach the speed of light, you never quite get there etc
Comment from : You catch My drift?

What about all the lost coins, could there be replaced?
Comment from : Ronin_

It seems very arbitrary to impose a max to the total number of coins created, because in an healthy economy the total quantity of money in circulation should equate the total value of the goods and services that are offered by people, otherwise the money in circulation would not reflect the actual value of those goods and services
Comment from : Nicola

But could deflationary money actually work long term especially considering so many bitcoins have been lost along the way? Even now, more people are using bitcoin as a store of value rather than 'money', and that will only get worse with time as value grows What if bitcoin changes to slightly inflationary model once the block rewards drop too low eg from the year 2050, 1 BTC/day added to total mineable supply
Comment from : Hamza

I'm not sure what will win "Original" vision without inflation but with very high fee and less minners Or "Evolution" vision with low inflation (like 1/year) but with cheaper fees and more minners
Comment from : Bartosz Skowroński

Absolutely Well answered
Comment from : Yaddlezap

monero starts its tail emission around may this year, if i recall correctly that's an interesting alternative, but also not overly problematic, bc from system point of view a tail emission model means that, by design(!), sooner or later (probably rather later ;) an equilibrium between lost coins and newly emitted coins will be reached on the long run, for limes t-->infinity
Comment from : MiccaPhone

Wondering how moving to pos will solve anything since only the transaction fees can’t provide enough security budget?
Comment from : Yuan Liu

Man you always do this, your speech is unique and so informativebrThank you
Comment from : Sw0rD SнaDow

Awesome video and great explination
Comment from : meezysr

i am more worried about paper bitcoin, etf or derivatives that SAY they represent a bitcoin, but are not backed by one , or they claim it is but you have to trust someone or an auditor to verify it Like they did with gold There are plenty of those fake 'voucher', enough to move the market and challenge the scarcity it's not because you or I will refuse to buy them that they don't exist and that they have a value on the market until those things are illegal and illiquid, i think it's a threat to the scarcity feature
Comment from : Gabriel Guerreau

great video bro
Comment from : Jake Fever

very great analogy!
Comment from : onchain geek

Such a great vulgarisation Thank you master
Comment from : ikust007

This is already happening with Stacks They create a new crypto linked to Bitcoin called Stacks!
Comment from : Γιάννης Βακουφτσής

Miners will be sustained through tx fees because the satoshis will be worth a lot more and more people will be transacting Very simplebrbrPeople who make this argument are just showcasing their misunderstanding and lack of depth of thoughtbrbrIt’s 20,999,999 BTC max by the way Good topic Anton! Thanks
Comment from : S E

hm, andrea's voice sounds so different compared to 5 years ago What happened? Did I miss something
Comment from : hamster in the machine

I liked this short videos with explanation
Comment from : Maarten Regterschot

Now THATS some quality clickbait! Now you're getting the hang of it!
Comment from : David Jackowski

Proof of work and 21 million are the backbone of what makes Bitcoin revolutionary and the best money ever created by humans Neither can be changed
Comment from : Vanadiel Windurst