Was just doing some curious reading on BTC and saw where every 4 years, the amount of BTC mined is halved to reserve supply. And as everyone knows, BTC can only be mined. There were no dev wallets holding X amount before, etc. All BTC has had to been mined.
When BTC first launched. Miners were rewarded 50 BTC per block. As it stands now. Each block mined rewards around 6.25 BTC which is then split amongst the miners . Which leads me to 2 things.
I’m very bullish on BTC. The more sats you hold and stack, the more scarce BTC will become in future years (10+ years ; long term holder )
What actually happens when the last BTC is mined on the blockchain?
Do we actually know what will happen?
How will the blockchain still function?
Edit: As of today, only 900 BTC are being mined a day, with it set to halve every 4 years.
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