Bitcoin

Category - Economics

When is the supply of bitcoins expected to cease?
  1. 2020
  2. 2080
  3. 2140.
  4. 2200.
Explanation
Answer: C - The supply of bitcoins is expected to cease in 2140. Bitcoin was set up so that the reward for mining each block decreases, halving every so often. In 2140, it is expected that the last Bitcoin block will be mined.
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