What Happens to Bitcoin After All 21 Million are Mined?

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It comes pre-loaded with a novel amount of currency. See how it works…. The 21 Million Bitcoin Club— the new class of wealthy elite that becomes increasingly more difficult to join. By design, there will never be more than 21 million bitcoins. If you hold the private key to a whole bitcoin, you control something scarce. The basic purpose of money is to serve as a measuring tool unit of account that can be exchanged to keep track of stored value.

Yet, modern fiat currencies are issued in this manner. They push an agenda that conflates real consumer wants with macro economic needs. Two things are certain: If you hodl wealth in cryptocurrencies, you have opted reddit bitcoin 21 million club financial self-sovereignty. As a reminder, Cryptoart allows you to store your own reddit bitcoin 21 million club keys inside the artwork.

We strongly suggest you do this for any non-trivial amount. Cryptoart is hand assembled, numbered and comes with a certificate of authenticity. Read more about the different sizes. You must be logged in to post a review. No products in your shopping cart. Description Additional information Reviews 0 Description Cryptoart is a hand-assembled art print that stores digital currency offline.

This edition is sold out. Reviews There are no reviews yet. You may also like…. Add to cart Show Details. Choose an option Small 8. Choose an option Unframed Framed Clear.

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Bitcoin is having a good year. Rising prices and the ensuing cryptocurrency frenzy has led many people to invest in Bitcoin as well. The hype surrounding the currency has also spurred users to set a clear benchmark for ownership of Bitcoin - with only 21 million Bitcoins ever in circulation: Members of this club own at least one Bitcoin.

They are part of a special group that accounts for just 0. Some Reddit users complain about not getting in earlier. Now they are forced to buy only small fragments of a coin - for sums that would have given them a whole coin or more just a year ago. Formally, this club does not exist. The membership is purely symbolic.

But for those who have taken a small slice of the cake of the gigantic Bitcoin fortune, this demarcation is a reason to be proud. Or any of my other social media channels.

Please consider getting your free account here on Steemit. Much more interesting is the 21 Bitcoin Club. There only can be a maximum of one million members in this club. THIS is the real club you want to be a member of: Thanks for sharing Good post friend tradewonk Friend plese help me Upvote my post. An interesting story, as always with joy she read it.

I'm not very sorry that I did not invest in bitcoats when he was dollars. After all, I then practically did not have the resources. It was then that I invested in Steemit and I'm very happy about it. Good luck to you and good. Thank you for reading!

Authors get paid when people like you upvote their post. Thank you for sharing with us. This is so helpful: