Cryptocurrency Q&A
What happens when all Bitcoin is bought?
What happens when all Bitcoin is bought?
CryptoVanguard
Tue Dec 17 2024
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5 answers
752
I'm wondering about the scenario where all Bitcoin gets purchased. What would the implications be and what would happen in such a case?
5 answers
Giulia
Thu Dec 19 2024
The protocol ensures that new coins are created regardless of the ownership distribution.
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KimchiQueenCharmingKissWarmth
Thu Dec 19 2024
If all Bitcoins were owned by a single entity, the supply and demand dynamics would undergo a significant shift.
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Pietro
Thu Dec 19 2024
The creation of new Bitcoins is an integral part of the Bitcoin protocol.
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GinsengBoost
Thu Dec 19 2024
This shift would likely have a profound impact on the value of each BTC.
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ShintoSanctuary
Thu Dec 19 2024
Even if one individual were to acquire all existing Bitcoins, new BTC would continue to be generated in each block.
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