A very "cold" piece of knowledge about Bitcoin.
Currently, one BTC costs 100,000 dollars, which indeed makes it seem expensive for ordinary retail investors.
But! Did you know that according to the halving algorithm prescribed by the Bitcoin system code, the last Bitcoin of the total cap of 21 million BTC will take approximately 35 years to mine before the complete cessation of issuance in the year 2140!
Let's look at the data chart below, which is the schedule for Bitcoin halving. After each halving, 210,000 blocks will be mined, taking about 4 years. A simple calculation shows that from the halving in 2104 until the complete cessation of output in 2140, a total of BTC can be produced:
(298+149+74+37+18+9+4+2+1) * 210000 / 10^8 = 1.2432
We won't discuss the complex knowledge of computing power, floating-point energy consumption, hashing, etc. (I can't understand 🙈)
Now let's think about it: with BTC's current enormous network and even greater future computing power, it takes 35 years just to forge the last Bitcoin!
How much is such a BTC worth??
Yet, this exactly the same BTC can be acquired for only 100,000 dollars today.
Is it worth it, or is it not?
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