teachin_bitcoin on Nostr: ...
Dad: Son, when will the last bitcoin be mined?
Son: Hi Dad,
The last fraction of a bitcoin is estimated to be mined in 2140, when the block reward will drop below 0.00000001 bitcoin, which is 1 Satoshi.
Dad: This is in 120 years. What will happen by then?
Son: We are going to make sats the standard!By that, I mean Satoshi Dollars parity. ;-)
Dad: 1 bitcoin would be worth 100 million US Dollars!!
Son: Yeah, and in the Lightning Network we can even split a Satoshi into millisatoshi if smaller denominations are needed.
#Bitcoin
Published at
2024-10-20 00:02:24Event JSON
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"kind": 1,
"tags": [],
"content": "https://www.teach-me-bitcoin-son.com/media//generated/when-will-last-bitcoin-be-mined.png\n\nDad: Son, when will the last bitcoin be mined?\nSon: Hi Dad,\nThe last fraction of a bitcoin is estimated to be mined in 2140, when the block reward will drop below 0.00000001 bitcoin, which is 1 Satoshi.\nDad: This is in 120 years. What will happen by then?\nSon: We are going to make sats the standard!By that, I mean Satoshi Dollars parity. ;-)\nDad: 1 bitcoin would be worth 100 million US Dollars!!\nSon: Yeah, and in the Lightning Network we can even split a Satoshi into millisatoshi if smaller denominations are needed.\n\n\n#Bitcoin",
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}