15 Oct
2013
15 Oct
'13
11:12 a.m.
On 10/15/13 12:45, coderman wrote:
in some few score years there will be zero coins rewarded for mining blocks - the financial incentive, for what it is currently, merely a transient part of the bootstrap.
https://en.bitcoin.it/wiki/FAQ#If_no_more_coins_are_going_to_be_generated.2C... There will always be the reward of the payment fees for 'mining' the next block. So there will be an incentive to run a 'miner'. And when bitcoin usage grows to the cash flow of a medium sized country, the payout will be better than that of a state lottery. And your lottery ticket is a one time purchase. Guido.