soundmoneyB on Nostr: Right now, for each group of Bitcoin transactions, called a "block," people who help ...
Right now, for each group of Bitcoin transactions, called a "block," people who help run the Bitcoin network get a reward of 6.25 Bitcoins. That's worth about $187,500. As more people help run the network, it gets harder to do the work, and this changes how much reward they get. In 2032, the reward for each block will be around 0.78 Bitcoins, but it will still be worth $187,500.
This means that by 2032, one Bitcoin will have to be worth at least $240,384. The actual price could be higher because of other factors, like people wanting to use Bitcoin as a safe place to keep their money or as a way to protect themselves from government debt.
The price of Bitcoin makes it harder or easier to help run the network, and this cycle keeps going on and on.
This means that by 2032, one Bitcoin will have to be worth at least $240,384. The actual price could be higher because of other factors, like people wanting to use Bitcoin as a safe place to keep their money or as a way to protect themselves from government debt.
The price of Bitcoin makes it harder or easier to help run the network, and this cycle keeps going on and on.