John McAfee · archived post

@abcd1ABCD123x Miners. Of course.

There are less than 4 million Bitcoins left to mine. What do you think the value of the last Bitcoin will be? Thousands of miners spending, in some cases, millions of dollars each to find it. Can the value be less than the effort? The value would have to be hundreds of millions.

@BlindJustice187 Yes

@pHaTe6983 They will.

@MatipaPascal :)

@yaboisyphax :)

@JeredTheRealtor Just think about it rationally. Miners may take weeks or months to get the last Bitcoin. The difficulty rate will go through the roof. There's no way the last Bitcoin could be worth less than a few hundred million dollars.

@buzz339 Yes. But the miners control more than you imagine. Please, use your head. Mining will drive the price of Bitcoin. Miners have already invested billions in equipment and facilities. The last bitcoin will have to be worth hundreds of millions.

@MrRogersCryptin Right now, no one. There are still 4 million coins left. But run the fucking numbers. For the last million coins the value will skyrocket. The the last coin has to be worth hundreds of millions.

@DanFinn44 I was one of the world's largest miners while at MGT. I sure as fuck would not quit.

@BlindJustice187 I didnt mark it as offensive. Who did?

@chrisbeck00 Wrong. The current price more than pays for operating costs

@Mvais3 You discount the miner's part in Bitcoin's price. Dangerous to do so.

@abcd1ABCD123x Welcome

@stockforme1 Good luck to them

@DooitLee Have it your way. Reality is not changed by your refusal to accept it.

@RyanTribbey Look at the statistics for the number of businesses accepting Bitcoin. Doubling ever 6 months. Please . . . Run the numbers

@xnakk Good man

@BackwoodsCrypto Not forgetting that at all. Just more reason for increase in value.

@AmandaCrypto Because the businesses accepting Bitcoin outnumber all other coins combined by 2 to 1 and the number of such businesses is doubling every six months.

@CryptoGifted Ty

@rkcools1205 Too much investment in specialized hardware to stop.

@cryptodotbi Done

@olivierleblan72 Free for all

@jmalcolmp65 Who are the globalists? You might want to look closer. Ask yourself what Jihan Wu is worth, and what role Bitmain is playing in the Global economy. The Globalists are rapidly morphing into crypto adherents.

@DanFinn44 Please look at the part that miners play in the Price of Bitcoin. No miner has ever lost money mining Bitcoin, irrespective of the price. The only variable that matters is difficulty rate.

@abcd1ABCD123x Miners get cash. I my operation our mines Bitcouns were immediately exchanged for cash.

@JeffrieBaer @olivierleblan72 That might be possible. DM me.

@Petty40074636 Absolutely

@SurajPandey524 Wont matter when distributed exchanges take root.

@TeslaWatt :)

@NoCal_510 And you do my friend? And because you do know, how many hundreds of thousands of lucky people are following you to get your insights? You are an ant on the path. Nothing more.

@CarbonCopyClyde @ArtPeri And?

@dc77ae00b817435 And? Who cares what happens in a fraction of a year period if time. Bitcoin, if measured in 18 month segments, consistently increases in Value.

@abcd1ABCD123x :)