Bitcoin’s Great Feast: Almost All Coins Earned, Still No Cake

In the vast and intricate tapestry of human striving, there comes a moment-marked by a quiet, almost disdainful sigh-that 95% of Bitcoin’s eternal bounty has been summoned into existence. Imagine, dear reader, that of the grand total of 21 million coins – a number as fixed as the stars in the sky – nearly twenty million have already been seized by those eager souls who believe in its promise. Only a mere thousand and fifty thousand remain to be wrested from the abyss, though one might remark with a wry smile that the final coins are as elusive as truth itself. 🧐

Will the supply shock hit?

Ah, the inevitable question – will scarcity ignite a fire that no water can quell? The short answer, much like most human endeavors, is complicated. The supply of Bitcoin retards its pace, halving every now and then-a schedule as relentless as fate-causing the issuance to slow, not abruptly disappear. It is not a sudden famine, but a slow, grudging withdrawal. A century still stands between us and the last satoshi, that tiny, nearly insignificant fragment of a coin, which will drift into the world around 2140. The market, however, has grown weary of the headline that nearly all has been mined; no, dear reader, it is no more a story about impending scarcity than it is about the patience of saints. 😴

By 2028, the reward for each mined block shrinks to less than two coins, and by 2032, almost three-quarters of the total will have been captured. Yet, the true scarcity has long since taken root: millions of coins are lost, left to the silent oblivion of forgotten wallets. Some say four million, vanished forever as if swallowed by time itself. Meanwhile, long-term investors hoard like the monks of old, with over 70% of the treasure nourished in a frozen vigil, untouched and unseen. 🧙‍♂️

And so, the game changes. No longer is the purpose of mining to flood the market, but to serve as a guardian of network security, a slow but certain toll collected over decades. The frantic race to produce new coins has waned; now it is a slow dance-an eternal accumulation of effort rather than an explosive burst of growth. When 95% is reached, do not expect fireworks; instead, recognize it as the silent end of rapid fortunes. The true drama now plays out in demand-and demand is a fickle mistress, swayed by belief and expectation rather than mere scarcity.

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2025-11-17 16:24