It’s well known that the Bitcoin network experiences a halving of supply approximately every four years. Less appreciated is that these are set to continue for over a century into the future.

Bitcoin’s pseudonymous creator Satoshi Nakamoto programmed the year 2140 — 30 halvings from now — as the year that the block rewards (the subsidy paid to miners for processing transactions into blocks) would drop to less than one satoshi, the smallest unit of bitcoin.

The use of the term “satoshi” — equivalent to 100 millionth of a bitcoin (or 0.00000001 BTC) — emerged organically among early Bitcoin users and developers, appearing in various forums and discussions starting in 2010…

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