1 vote

Bitcoin Question

Bitcoin mining is securing the transactions so that people can't defraud or hack the system; is that correct? When all the bitcoins are created, will there be no more created, therefore no payments to anyone securing the blocks; is that correct? If that's true, what incentive will anyone have to spend computer time and electricity money to secure the blocks?




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They will make money on

They will make money on transaction fees.

Thanks

Thanks

Andrew Napolitano for President 2016!
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