What happens when the last bitcoin is mined?

Bitcoin Questions and AnswersCategory: QuestionsWhat happens when the last bitcoin is mined?
Arthur Pratt asked 1 year ago

Okay, since miners get a reward (bitcoin) for mining and help support the block chain, what will happen when the last bitcoin is mined? What incentive is there to mine bitcoin and thus support the block chain? Won\’t bitcoin crash at that point?

1 Answers
Ofir Beigel answered 1 year ago

Hey Arthur, great question. We actually get asked that a lot. Here’s an article I wrote on the Huffington post regarding this topic – hope this helps!  

Bitcoin Video Crash Course 

Know more than 99% of the population about Bitcoin. One email a day for 7 days, short and educational, guaranteed.