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One part I need clarification on.
Sorry it’s Friday arvo (yes I’m Australian) and my brain just had a moment that needed some clarity. If there are ever only 21M bitcoins and the miners are the one’s mining the coins what happens if all the miners just HODL’d and never sold? If everyone just HODL’d and I mean everyone, does that mean only miners would ever have the ability to buy bitcoin? If no-one is selling bitcoin only the miners have the ability to get coins right? Time for a beer I think. submitted by /u/No_World_4832 [link] [comments]
Sorry it’s Friday arvo (yes I’m Australian) and my brain just had a moment that needed some clarity.
If there are ever only 21M bitcoins and the miners are the one’s mining the coins what happens if all the miners just HODL’d and never sold? If everyone just HODL’d and I mean everyone, does that mean only miners would ever have the ability to buy bitcoin? If no-one is selling bitcoin only the miners have the ability to get coins right?
Time for a beer I think.
[link] [comments]
