Bitcoin, the first cryptocurrency in the world, has changed the perception of money and financial instruments since its creation. Its limited supply of 21 million coins and unique mining mechanism contribute to its gradual reduction in availability, making it scarce over time.
Since its inception, Bitcoin has attracted the attention of both institutional investors and individual users. Now, as it becomes an integral part of the global cryptocurrency economy, the question of when the last Bitcoin will be mined is even more relevant. This, in turn, presents new challenges and opportunities in the cryptocurrency market.
When will the last Bitcoins be mined?
Bitcoin's unique economic model is based on a gradual reduction in mining rewards, making the crypto ecosystem increasingly scarce. So when will the last Bitcoin be mined and what will happen after that?
The last Bitcoin is expected to be mined around 2140. This is due to the halving mechanism. Because every 4 years the number of new Bitcoins entering circulation is halved, the issuance gradually approaches zero. In the final stages (after 2050), minuscule fractions of BTC will enter the network until the system reaches its maximum limit of 21,000,000 BTC in 2140.
Currently, over 19.6 million BTC have been mined out of a total limit of 21 million. However, with each halving, new coins are added at an increasingly slower rate, extending the mining process for over 100 years.
What comes next?
After the last Bitcoin is mined, miners will no longer receive rewards in the form of new BTC. However, they will continue to support the network and process transactions, earning solely from transfer fees. This is expected to provide an economic incentive for the continued functioning of the Bitcoin blockchain.
Although Bitcoin mining will continue for over 100 years, a significant portion of coins is already in circulation today. Due to Bitcoin's deflationary nature, its scarcity will increase, potentially impacting its price and role in the financial system of the future.
The History of Bitcoin Adoption
Bitcoin, created in 2009, has evolved from a niche digital asset to a global financial phenomenon. Bitcoin's forecast continues to attract the attention of institutional investors and users.
The adoption and integration of Bitcoin into the economic systems of various countries and companies is constantly growing. In September 2021, El Salvador became the first country to officially recognize Bitcoin as legal tender. This move sparked interest from other states in integrating cryptocurrencies into their economies. For example, Argentina shows high levels of Bitcoin adoption among its population, indicating growing trust in the stock market. In Ukraine, at the time of passing the bill regulating the virtual assets market in 2021, the daily turnover of Bitcoin and other cryptocurrencies was about 1 billion hryvnias.
In 2024, Bitcoin reached historic highs, surpassing the $100,000 mark. This increase in Bitcoin's value may be related to Donald Trump's victory in the U.S. presidential elections, which heightened investor interest in digital currencies. Additionally, companies like Heritage Distilling began accepting Bitcoin as a payment method, indicating its growing popularity across various industries.
Among the recent significant investments and new players are MicroStrategy and Intesa Sanpaolo. MicroStrategy increased its holdings to 471,107 BTC after a recent purchase of 10,107 BTC for $1.1 billion. The total value of their assets in Bitcoin is now $30.4 billion. Italy's largest banking group, Intesa Sanpaolo, made a spot purchase of Bitcoin, acquiring cryptocurrency worth about $1 million.
As of February 7, 2025, the price of Bitcoin was $97,077.14. The trading range during this period fluctuated between $96,647 and $98,670. Bitcoin continues to strengthen its position in the global economy, becoming an integral part of financial approaches as distinct investment strategies.
How does macroeconomics affect Bitcoin?
Macroeconomic factors play a key role in shaping the value of Bitcoin, influencing its demand, supply, and investment attractiveness. Here are the main macroeconomic factors affecting Bitcoin:
Monetary policy. The Federal Reserve System of the United States (Fed), the European Central Bank, and other regulators influence Bitcoin through changes in interest rates. Lowering rates stimulates Bitcoin's value growth. Conversely, raising rates diminishes Bitcoin's appeal as an asset.
Inflation and money printing. High inflation increases demand for BTC as digital gold. Mass money printing devalues fiat, stimulating the growth of cryptocurrencies in 2025.
Geopolitical instability. Financial crises, sanctions, and wars increase interest in BTC.
Demand from institutions. Large funds (BlackRock, Fidelity) and ETFs stimulate the growth of BTC prices. Large companies and funds can influence Bitcoin's price through large volume purchases.
Macroeconomic factors such as Fed policy, inflation, global crises, and institutional demand directly affect Bitcoin's price. During periods of low rates and high inflation, the price of BTC rises, while in phases of tight monetary policy, it may correct downwards.
The Potential of Bitcoin
Bitcoin is not just a digital currency, but an innovative financial asset that is changing perceptions about money and the economy. Due to its decentralized nature, limited issuance, and increasing acceptance by official institutions, it is becoming an important tool for protection against inflation and economic instability.
Its potential encompasses both capital preservation and revolutionizing various global financial systems, such as:
Digital gold. Limited issuance (21 million) makes it a scarce asset. BTC can be used as a hedge against inflation and economic instability.
Financial decentralization. Bitcoin operates without banks and governments, enabling fast international transactions. It is resistant to censorship and financial restrictions.
Institutional adoption. Large companies and investment funds (BlackRock, MicroStrategy) actively invest in BTC. The launch of Bitcoin ETFs stimulates demand among traditional investors.
The Role in the Future Economy. Bitcoin can be used as a reserve asset for countries with unstable digital currencies. It can be integrated into payment systems and the development of the Lightning Network for risk hedging.
In conclusion, it can be said that Bitcoin has the potential to become a global financial asset, an alternative to fiat money, and part of a new economic model.
How to buy Bitcoin on Binance?
Bitcoin, due to its limited supply and ability to protect against inflation, is an attractive asset for investment, and Binance is a convenient platform for purchasing it. You can start even with minimal investments — starting from $10.
To buy BTC on Binance, follow these steps:
Create an account on Binance.
Complete account verification for enhanced security and convenience in transactions.
Top up your account. You can choose a method: P2P transactions or Fiat trade. The minimum top-up amount is $10, meaning you can start investing even with small amounts.
You can buy Bitcoin in the 'Buy Cryptocurrency' section by selecting Bitcoin (BTC) and specifying the amount you wish to invest. After the purchase, Bitcoin will automatically appear in your account on Binance. You can store it on the platform or transfer it to a personal wallet for greater security.
With Binance, you can easily start your journey in the cryptocurrency world. The platform offers a simple and understandable process that is suitable for novice investors.
