Quote:
Originally Posted by blackax
We will only have a finite amount of bitcoins about 200 million I think. So at some point you will no longer be able to get bitcoins for free.
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AIR the design is structurally limited to about 21 million units. The Mining algorithms were simply a method of growing the supply at a limited rate that did/does require time and effort (not free really). Anyways, though technically fascinating the mechanism for the creation of the supply is not the point. Use of the coins as money is the point. Secondarily, the whole system is a test of methods to completely bypass mainstream financial institutions and support non-compliant markets in a robust manor.