21 million, until it gets forked to 42 million because financial interests say so. Bitcoin forked to make Bitcoin Cash, Bitcoin SV, Bitcoin Gold, eCash, etc. So many forks and alternate versions that change the rules, and all it would take is the government taxing you in Bitcoin Cash or Bitcoin SV to make all the difference.
And what happens when power companies and landlords want payment in BCH, because the Feds want their taxes paid in the form of BCH? It's the same reason why everything is dealt in the USD right now, because at the end of the day, that's how you have to pay Washington their tribute.
I try and limit the activities that generate tribute. Alaska is a great State for that, as it has no State sales or income taxes, and with no municipal government in most of the land area, you also don't have property taxes. It is possible to live there without generating income at a level that would be taxed.
You are correct. The hash rate is the bitpower = security and strength. The hash power is also redundancy behind. “Oh, the power will go out.” BS from all the noobs.
21 million, until it gets forked to 42 million because financial interests say so. Bitcoin forked to make Bitcoin Cash, Bitcoin SV, Bitcoin Gold, eCash, etc. So many forks and alternate versions that change the rules, and all it would take is the government taxing you in Bitcoin Cash or Bitcoin SV to make all the difference.
A fork only works if a majority of miners decide to run the new program. Check the hashrate of OG Bitcoin vs BCH, BSV, etc lately?
And what happens when power companies and landlords want payment in BCH, because the Feds want their taxes paid in the form of BCH? It's the same reason why everything is dealt in the USD right now, because at the end of the day, that's how you have to pay Washington their tribute.
I try and limit the activities that generate tribute. Alaska is a great State for that, as it has no State sales or income taxes, and with no municipal government in most of the land area, you also don't have property taxes. It is possible to live there without generating income at a level that would be taxed.
You are correct. The hash rate is the bitpower = security and strength. The hash power is also redundancy behind. “Oh, the power will go out.” BS from all the noobs.