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<p>[QUOTE="Prime Mover, post: 2754458, member: 38783"]It could be very bad, it could mean instant de-valuation, and worse possibly the death spiral of Bitcoin. This is one of the core tenants of this particular crypto-coin.</p><p><br /></p><p>Now, could that ever be changed? Yes, it's possible if someone changes the code to accommodate a higher limit. Probably not very easy because that number is tied to the very math behind the coin and its distribution schedule, but it could be done.</p><p><br /></p><p>However, it could not happen without "consensus", meaning 95% of the voting nodes would have to accept it and run the code base (a "fork"). Gaining consensus is a very long process and I'm sure this would be in the limelight for a very long time with heavy resistance, so likely it would not come to pass.</p><p><br /></p><p>But, should there ever be a scenario where this would be possible and likely, I'm sure you'd see a mass flight from the coin to another alternative (death spiral mentioned above).[/QUOTE]</p><p><br /></p>
[QUOTE="Prime Mover, post: 2754458, member: 38783"]It could be very bad, it could mean instant de-valuation, and worse possibly the death spiral of Bitcoin. This is one of the core tenants of this particular crypto-coin. Now, could that ever be changed? Yes, it's possible if someone changes the code to accommodate a higher limit. Probably not very easy because that number is tied to the very math behind the coin and its distribution schedule, but it could be done. However, it could not happen without "consensus", meaning 95% of the voting nodes would have to accept it and run the code base (a "fork"). Gaining consensus is a very long process and I'm sure this would be in the limelight for a very long time with heavy resistance, so likely it would not come to pass. But, should there ever be a scenario where this would be possible and likely, I'm sure you'd see a mass flight from the coin to another alternative (death spiral mentioned above).[/QUOTE]
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