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21 sats \ 2 replies \ @kriptan 23 Sep 2023 \ on: What are the stupid things you used to say about Bitcoin? bitcoin
I recently heard on YouTube that when the last Bitcoin is mined, it will switch to the POS algorithm
Then even in the comments under someone’s video to questions like these. I left the same comment that it will move to pos. To which I immediately received a question about proofs, which I, of course, could not find, I no longer say what I don’t know, I realize I’m ashamed. I hope you won't scold me too much for this))
I can see opportunity for misinformation to be spread here, which is what it sounds like what happened. You are just as vulnerable to propaganda and misinformation as everyone else. For clarity when all the Bitcoin is mined, miners will make 100% of their revenue off transaction fees alone. There will be no fundamental change to the network or its rules.
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Thank you for your time, yes I understand, I will study more deeply
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