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When the coins run out, will bitcoin collapse?
will the bitcoin network inevitably collapse once all of the coins have been mined with no incentive in the system to maintain the blockchain? http://bitcoin.org/bitcoin.pdf
- t0 13y agoThe transaction fees will make mining still profitable forever.
- justinzollars 13y agoBut doesn't a transaction fee defeat the purpose of bitcoin?
- dylanhassinger 13y agono. its an optional incentive to speed up the transfer process
- junto 13y agoI hazard a guess that it will collapse before that point.